On Thursday afternoon, Bloomberg Television abruptly cut away from a press conference where Nancy Pelosi was discussing next steps on Democrats’ economic agenda. Joe Biden
Day: October 28, 2021
Hustled By Spin
“No one got everything they wanted in the bill, including me,” Joe Biden said Thursday, while unveiling a “framework” for his “Build Back Better” agenda.
Marko Kolanovic: ‘Did The World Change Yesterday? No.’
The financial media was awash this week with headlines about flattening yield curves and what they might be telegraphing about the growth outlook. Rates are
Hangover Arrives For US Economy
As expected, the US economic expansion faltered in the third quarter, data out Thursday showed. The world’s largest economy grew at a 2% annual rate
ECB Confronts Global Rates Upheaval As German Inflation Soars
Over the past several weeks, traders began pondering active central banks and preemptive policy tightening in the face of surging inflation. Even the ECB was
‘Mayhem’ In Aussie Rates As YCC Breaks
Yield-curve control snapped in Australia Thursday. I’m insistent on the notion that it’s never a matter of capacity, but a matter of will when it
