Restoring price stablity make take some time, will likely entail a period of below-trend growthElevated inflation is the problem that worries me mostJob market very tightSupply-demand conditions in labor market and economic seem...
The S&P 500 closed out a brutal month in September with a weak finish but today is looking much better despite banking rumors and general anxiety. The bond market is recovering and the...
It's a new week after a weekend chalk-full of rumors:Credit Suisse or another major bank going downAn emergency Fed meetingA big OPEC+ cutShares of Credit Suisse are down 7.5% today, which is basically...
ABC Australia is reporting that a major investment bank is on the brink, citing 'a credible source'.Most are pointing towards Credit Suisse. It was caught out in the Archegos disaster and since then...
At the start of September, I wrote about the seasonals and warned that it was a bad month for stock markets with a note that it was the worst calendar month for the...
Markets:Gold up $1 to $1661US 10-year yields up 6.1 bps to 3.81%WTI crude oil -$1.52 to $79.71S&P 500 down 55 points, or 1.5%, to 3585GBP leads, NZD lagsClose the books on a brutal...