Easy Money Has Hard Consequences
Yesterday, the Federal Reserve announced a fourth consecutive 75-basis-point rate hike, and Chair Jerome Powell aggressively pushed back against any thoughts of a “pivot.” Today, the Bank of England f...
3 Nov 202233min
What Kind of a Hike Was It?
The Federal Open Market Committee added a couple of interesting phrases to its policy statement announcing a fourth consecutive 75-basis-point interest-rate increase, noting that it will take into acc...
2 Nov 202234min
What Will China Do?
Chinese stocks and the yuan rallied on unconfirmed reports authorities have formed a committee to reconsider China’s “COVID zero” restrictions on economic activity. There was no follow-through in the ...
1 Nov 202236min
Energy Crisis Dos and Don'ts With Doomberg
“This should be fun,” tweeted Doomberg amid reports President Joe Biden will propose a “windfall tax” on profits of oil and gas producers, as political leaders continue to pose against the global ener...
31 Okt 202240min
The Next Big Trade - Dan Rasmussen on When It’s Time for Small-Value Stocks
Which economic indicator is the most reliable for confirming we’re in a crisis? According to Verdad Capital founder and portfolio manager Dan Rasmussen, it’s high-yield spreads. Identifying the key re...
30 Okt 202259min
My Life in 4 Trades - Trading Is Not a Game of “Perfect”
Born into a family of cotton traders, Alexander Stahel is a natural when it comes to commodities. Alexander grew up in Switzerland before he migrated to the U.K. to begin an investment banking career....
29 Okt 202250min
Why It’s Not the End of the World as We Know It
Stocks surged into the weekend, with all three major U.S. equity indexes up more than 2% two hours ahead of Friday’s close. “The market isn't rallying on hopes of a pivot,” tweeted Michael Gayed. “It'...
28 Okt 202235min
Do Central Banks Have Control?
The European Central Bank announced a second 75-basis-point interest-rate increase in as many months on Thursday, meeting economists’ expectations with inflation riding at a record-high 9.9%. The euro...
27 Okt 202238min
