Zoltan Pozsar has a subtle suggestion for those attempting to forecast inflation: Consider the possibility that the shocks emanating from an epochal macro realignment precipitated
Day: August 2, 2022
‘Incredibly Uncomfortable’ Fed Hawks Circle Summer Stock Rally
“The Fed is in an incredibly uncomfortable position,” Nomura’s Charlie McElligott said Tuesday, amid a spate of soundbites from policymakers committing and recommitting to an
The Kolanovic Factor
Whenever consensus turns even a semblance of cautious on equities and risk assets more generally, financial news portals tend to suggest “it’s fashionable to be
US Job Openings Just Plunged. But Nowhere Near Enough
US job openings fell more than expected in June, but hires were mostly unchanged and quits remained extraordinarily elevated, underscoring the intractability of inflationary labor
Zoltan Pozsar: ‘Welcome To The War Economy’
“Welcome to the war economy, where heads of state matter more than heads of central banks,” Zoltan Pozsar wrote, in an ambitious new piece called
