Inflation
Strong Oil Prices Stoking the US Inflation Narrative
The latest inflation data has seen the Fed’s favourite inflation measure reach the 2% target. Headline PCE inflation and core…
More Hawk than Dove? Will Powell’s Fed Remove Monetary Punch Bowl
With money markets now discounting three Fed rate hikes this year, and maybe even four, and the 10-year Treasury bond…
Gold, Bond and FX Markets Not Buying Forecast Fed Interest Rate Hikes
The new Federal Reserve chairman’s first FOMC meeting this week, and subsequent press conference, has confirmed that Jerome Powell is…
The Financial Engineering of Corporate America
Investment strategist Christopher Wood writes about financial engineering in corporate America, and the shocking lack of tangible book value in…