Tag Archives for " Trump "

1848?

BTFD or STFR depends on what game you think is really being played out there in markets. The recent bounce in equity prices on the apparent reversal in the Fed’s QT narrative together with an improving narrative on Chinese tariffs and now hopes for a reversal in Brexit, notwithstanding the resounding defeat of Theresa May’s […]

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Gone by May?

As a student of history, Putin is probably well aware of Napoleon’s maxim of  “Never interrupt your enemy when he is making a mistake”.  The US, France and UK may well feel empowered this morning after attacking Syria with around $200m worth of missiles, but what have they achieved? The Syrian military has not been […]

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Yellen does virtuous – 5 years too late!

Confused?  Well you should be be if you’ve been believing the usual output from the Federal Reserve. Contrary to the narrative of robust US economic growth and tightening labour markets requiring a normalisation of interest rates, things aren’t quite as rosy as Ms Yellen had been suggesting.  Behind the increasingly absurd non-farm payroll data with […]

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Energy politics and fickle friends

Energy politics makes for fickle friends. A decade ago, Qatar was the US administration’s BFF, with its invitation to relocate the US regional military base from Saudi Arabia to Qatar in return for support to secure a pipeline access through Syria for its soon to be expanding natural gas production. As a way of pricking […]

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