‘The Markets Were Not Consulted’

In "Napalm," I contextualized recent front-end rates fireworks by reference to a possible shift in the interplay between markets and policymakers. In the pandemic era of elevated inflation, there's been some disagreement between markets and central banks around the timeline on rate hikes. But -- and I'm going to quickly recap using verbatim language from the linked article above -- the assumption was that any disagreements would be resolved gradually and amicably in accordance with post-financi

Get the best daily market and macroeconomic commentary anywhere for less than $7 per month.

Subscribe today

Already have an account? log in

NEWSROOM crewneck & prints