Meanwhile, In Turkey!
If the situation weren’t so burdensome for the populace, I’d say you have to admire
If the situation weren’t so burdensome for the populace, I’d say you have to admire
Vladimir Putin appears poised to escalate the conflict in Ukraine. Following a string of embarrassing
Russian equities weren’t amused with a second day of war escalations from the Kremlin. Local
I don’t know when “strategic ambiguity” turned into an unambiguous defense commitment, but the latter
It wasn’t a good week to be a bull. Images of FedEx’s largest one-day plunge
Early Thursday, Joe Biden expressed gratitude to rail workers for striking… an eleventh hour deal
Over the past several days, I’ve fielded a number of reader emails about a discussion,
Risk sentiment was tentatively constructive to start the new week, and there was no mystery
Market participants should expect significant additional hand-wringing in the new week about the outlook for
US households saw their net worth decline by more than $6 trillion in just three
I doubt seriously the wisdom and utility of Jerome Powell (or any Fed official for
The ECB delivered a 75bps rate hike on Thursday, but it could’ve just as easily
Admittedly, I ran out of creative ways to tell the same story about the yen
If fighting determined central banks is a fool’s errand, what is fighting panicked governments? That’s
The world is six months into the war in Ukraine. Or eight years, or 239
It’d be a shame if oil prices fell too much. OPEC+ on Monday agreed to
US investors will step out of the holiday and into a data vacuum in the
There’s something ironic about an “inflation-busting” plan that involves billions in government expenditures. But, when
The Fed and its many critics have at least one thing in common: They both
Wanted: “A specialized repair company.” If that’s you, and you can ensure the “complete elimination
Besides USD cash, commodities are the only asset class that’s worked in 2022. Everyone can
The past two years prompted quite a bit of soul-searching for humanity, and particularly for
A fixture of the pandemic-era, wartime inflation debate is the (largely self-evident) contention that central
Those calling for a quick return to 2% inflation in advanced economies are “naively optimistic.”
“If there is trust, trade works. If trust is gone, it doesn’t.” So said Zoltan
“If you get to the mid-3s or maybe even a little bit higher, and then
The European economy is in trouble. I doubt that’s news to anyone. But it was
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