Just yesterday, Bank of England Chief Economist Huw Pill said plans to proceed with quantitative
Month: September 2022
US New Home Sales Stage Black Swan-Style Surge
Markets were treated to another black swan-type event Tuesday, courtesy of a wholly anomalous beat
Pace Of US Home Price Gains Downshifts Most Ever
Home prices posted a smaller-than-expected annual gain in July, according to one closely watched gauge,
Summers On UK: ‘I’m Surprised We Haven’t Heard From The IMF’
Don’t give Larry Summers an easy target. In the immediate (and extremely chaotic) aftermath of
Pressure Cooker
“You’re not leaving much time to sort of look at each monthly release,” Charles Evans
2022’s Bear Goes From Bond Collapse To Risk-Off
The worst rout in global government bonds since 1949 rolled on Monday, as US yields
BoE Tempts Traders With Boilerplate Bailey Statement
The Bank of England on Monday did precisely what you don’t want to do in
‘Plaza Moment’ Pondered As Dollar Makes ‘Everything An Emerging Market’
Market chatter around the prospect of a global accord aimed at halting the dollar’s inexorable
UK Financial Crisis: Analysts Weigh In On ‘Calamity’
I doubt I was alone Monday in scouring the thesaurus for adjectives sufficient to convey
Carnage: Pound, Gilts Suffer Total Meltdown
Carnage. That’s the best one-word description of the market revolt unleashed by Liz Truss and
The Usual Bearish Suspects
Among the responses to “Apocalypse Soon” was a reference to the “usual bearish suspects.” We
Like March 2020. But Without A Backstop
Markets can look forward to incessant Fed banter in the new week. And I do
Runaway Inflation In Europe: Does The ECB Even Matter?
In addition to a cacophony of policymaker soundbites, traders will be compelled to grapple with
Pressing Shorts To Save The World
A key consideration when you ponder the prospect of a global financial meltdown, is the
