Europe is the Cyclical Catch Up Trade & Gold is the Hedge

Powell Leaves Wiggle Room for Negative Rates CPI inflation in the US has not yet turned negative on a year-on-year basis which is the sort of trigger that is l... Read More»

Negative Rates or Not, Inflation’s at Your Doorstep

Will the Market Force Powell's Hand on Negative Rates? One assumption Grizzle has been making of late is that the Federal Reserve will not countenance a formal... Read More»

Guideposts for Powell’s Direction on Quanto Tightening

Fund managers entered 2019 shaken and stirred. So more of a relief rally would not surprise, most particularly given the absence of the traditional year-end... Read More»

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 yield approaching 3% again, the attitu... Read More»

Jerome Powell

Europe is the Cyclical Catch Up Trade & Gold is the Hedge

Negative Rates or Not, Inflation’s at Your Doorstep

Guideposts for Powell’s Direction on Quanto Tightening

More Hawk than Dove? Will Powell’s Fed Remove Monetary Punch Bowl