Natural gas and oil prices are off their peaks, so unsurprisingly so are reported rates of inflation. These in turn have been driving both bond and equity markets since the end of December in anticipation that central banks will ease off the monetary easing and thereby help avoid a potential recession this year. All this […]
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Amongst the plethora of distractions, many may have missed the truly seismic events over the last weeks of September. No, I don’t mean the rumblings under the Baltic and interdiction of Germany’s last hope for a warm winter, albeit this won’t help, but the answer to the big question that has overshadowed markets since central […]
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So 9 years after Mario Draghi salvaged markets with his infamous “Whatever it takes” promise by the ECB, his current counterpart at the US Federal Reserve, Jerome Powell is attempting to repeat the trick, with his testimony to US House of Representative this Monday (21st June) where he promised “We at the Fed will do […]
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Oh it’s such fun to see the Fed being played, if not by the government, then by the banks! Now however, both interests are aligned in attempting to persuade Fed Chairman Powell to keep the monetary punch bowl well filled, or risk yet another market ‘hissy-fit’. Hence the management of expectations for an entirely unreasonable […]
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