What Will the Fed Do As Inflation Marches Higher

Inflationary pressures have continued to show up in the official data even as the bond market has managed to rally of late. The latest US inflation data releas... Read More»

Do Banks Hold the Key to Higher Inflation?

It is interesting that FAANG stocks still look like they have peaked out against the S&P500 despite the fantastic earnings reported by these companies last ... Read More»

Only One Thing Can Derail the Post-COVID Stock Recovery

Watching inflation expectations remains key for investors even as the Federal Reserve has remained predictably doveish. The Fed’s continuing easy stance is in ... Read More»

Investors are Flocking to China as Governments Print Money

China’s orthodox monetary policy continues to be in stark contrast to the G7 world. It has also continued to attract inflows into its bond market though inflows... Read More»

Why Crypto Won't Break the Internet - BIS Report

Are US Regulators Coming for Bitcoin?

One of the identifying characteristics of the crypto currency space is that crypto assets trade 24/7 dispensing with outmoded bourgeois concepts such as weekend... Read More»

Inflation Could Drive a Massive Rotation from Bonds to Stocks

If an inflation scare is coming, it did not come with the March CPI inflation report which was a non-event in terms of market impact. US CPI came at slightly ab... Read More»

The Biggest Inflation Scare Since the 1980’s is Coming

The cyclical rebound in America should continue to surprise on the upside in terms of the pent-up demand potential, a view which has been boosted by the US$1.9t... Read More»

The Energy and Bank Stock Rebound Will Continue, Buy the Dip

There has been a bit of a pullback in the cyclical trade with US energy stocks down 11.8% from their recent peak and US bank stocks down 3.5% (8.5% at the recen... Read More»

Eurozone Yield Curve Control is Happening, is This Bad for the Euro?

The Federal Reserve statement at the last FOMC meeting in March displayed no concern about the then 67bp rise in the 10-year Treasury bond yield since the previ... Read More»

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