Even if central banks stumble into a policy mistake and it all comes crashing down
Month: October 2021
At Stake This Week: Credibility
The November FOMC meeting and accompanying taper announcement will garner most of the financial headlines
Sans Tantrum, Please
The Fed will formally unveil plans to taper monthly bond-buying this week, with designs on
‘The Markets Were Not Consulted’
In “Napalm,” I contextualized recent front-end rates fireworks by reference to a possible shift in
‘By One Full Year’: Goldman Shifts Fed Call Dramatically
One day, we may look back on the last several weeks and chuckle at the
The High Price Of Price Uncertainty
Anyone searching for evidence of a rebound in consumer sentiment in late October was disappointed
Taper Tantrum, Aussie Style
In case it wasn’t clear enough that some manner of policy shift is in the
Not For Me To Say
“Not for me to say.” That was Christine Lagarde’s assessment Thursday when, following the October
‘Meta’physics
On Thursday afternoon, Bloomberg Television abruptly cut away from a press conference where Nancy Pelosi
Hustled By Spin
“No one got everything they wanted in the bill, including me,” Joe Biden said Thursday,
Marko Kolanovic: ‘Did The World Change Yesterday? No.’
The financial media was awash this week with headlines about flattening yield curves and what
Hangover Arrives For US Economy
As expected, the US economic expansion faltered in the third quarter, data out Thursday showed.
ECB Confronts Global Rates Upheaval As German Inflation Soars
Over the past several weeks, traders began pondering active central banks and preemptive policy tightening
