Not everyone agrees a US recession is “inevitable,” as Bill Dudley put it a few weeks back. Or at least not in the next 12
Day: April 14, 2022
The Gods Musk Be Crazy
Analysts, reporters, investors and netizens in general spent most of Thursday asking (and answering) questions about Elon Musk’s cartoonish cash bid for Twitter. As usual,
Traders Rescue Goldman, Morgan As IB Suffers Equity ‘Standstill’
Morgan Stanley fell short in investment banking during the first three months of the new year. Or at least versus consensus estimates. Consistent with underwhelming
Lagarde, Working From Home, Says It’s Dicey Out There
When it comes to the process of normalizing monetary policy, the ECB is “really very much” on the way, Christine Lagarde said Thursday, at her
Retail Sales Loiter As Nervous Americans Eye Prices
Markets escaped the last of this week’s top-tier US data mostly unscathed. Retail sales in the world’s largest economy rose 0.5% in March (figure below),
‘You Had One Job’
The absence of a governor didn’t stop South Korea from hiking rates on Thursday, when the BOK joined New Zealand and Canada in the club
