For many investors, the trajectory of Federal Reserve (the Fed) policy remains puzzling. Unfortunately, the so-called “dot plot,” showing the preferred year-end target interest rate for...
Written by: Alex Dryden Global economic data makes for grim reading. The global manufacturing Purchasing Managers’ Index (PMI), due to be released on October 1st, looks...
The interest rate charged for repurchase agreements, or “repos”, spiked briefly on Monday, surging to as high as 8.5% by some measures. As one of the...
While September seems to have brought calmer markets at the headline level, beneath the surface this has not been the case. The past few weeks have...
Earlier this week, political upheaval once again shook the United Kingdom. In a surprising turn of events, newly-appointed Prime Minister Boris Johnson’s government lost its majority...
Equity and fixed income markets have been on a wild ride in recent weeks, as recession fears, geopolitical uncertainty, and continued weakness in manufacturing have weighed...
When the Fed cut rates in July 2019 for the first time since 2008, it went to great lengths to emphasize that it was an “insurance...
Written by: Alex Dryden One of the reasons the Fed has justified cutting interest rates is the lack of inflationary pressures in the domestic economy. Indeed,...
Earlier this week, a closely-watched economic indicator, the difference in yield between the 10-year U.S. Treasury bond and the 2-year U.S. Treasury bond (2s10s), inverted. This...
Following a dramatic escalation in trade tensions between the U.S. and China early last week, the Chinese yuan depreciated significantly against the U.S. dollar, as seen...
