Considering markets as we’ve come to know them over the past decade (or three) were built on a set of assumptions which no longer hold,
Day: September 22, 2022
Powell Press Conference Showed Why Fed Should Stop Talking
If you took anything away from the past 24 hours in markets, it should probably be that policymakers would do well to either say less
Meanwhile, In Turkey!
If the situation weren’t so burdensome for the populace, I’d say you have to admire Recep Tayyip Erdogan’s commitment to belligerence. In that regard, he’s
Bank Of England’s Perilous High-Wire Act Continues
The Bank of England raised rates for a seventh consecutive meeting on Thursday, escalating a desperate inflation fight and likely condemning the UK to an
Japan Goes To War With Kuroda’s BoJ Over Plunging Yen
The Bank of Japan is now effectively at war with the Japanese finance ministry, an absurd outcome months in the making. Masato Kanda, Japan’s top
