In late March, around the time the 2s10s inverted, Bill Dudley penned a somewhat abrasive Op-Ed for Bloomberg. Dudley isn’t a stranger to abrasive Op-Eds, but in
Day: May 11, 2022
Four Reasons The Stock Selloff Isn’t Over
Despite 2022’s ongoing selloff, US stocks still aren’t priced for the coming economic slowdown. In fact, one popular strategist says, equities aren’t even priced for
Explaining Post-CPI Chop And A Word On Inflation Empathy
Markets chopped around erratically following what it was entirely fair to describe as another disheartening US inflation report. To be sure, the story is on
Did Loretta Mester Just Become The Most Important Fed Official?
“It should go without saying that a CPI upside surprise would extend the current status quo of ‘short’ both bonds and equities, and keep feeding
Fed, Voters Get Another Disastrous Inflation Report
US consumer prices rose more than expected in April, closely-watched data out Wednesday showed. The headline and core gauges rose 8.3% and 6.2% YoY, respectively.
Stablecoin Crisis Escalates. Terra Tokens Suffer $30 Billion Wipeout
The cryptoverse was front page news again on Wednesday, when algorithmic stablecoin TerraUSD briefly plunged below $0.30. To the uninitiated, that’s just indecipherable cryptospeak, but
