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Market Recap
Market Recap Markets can be a counterintuitive animal. If by some magic you had this week’s major economic news headlines a week ago (I’m channeling Back to the Future here), how would you have...
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Market Recap
If you are confused about what to worry about, join the club. One day the market freaks out about the recession that we are meant to be either in or is coming up quickly. The next day growth is too...
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Market Recap
Market Recap All the markets cared about this week was inflation. How high is it? Is the growth rate slowing? What’s it mean for policy? I’ll try and keep this quick!! This week we had the...
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Market Recap
Market Recap All week it felt like we were in a holding pattern waiting for Fed Chairman Powell’s comments at the Jackson Hole meeting that kicked off today. A collective holding of breath so to...
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Market Recap
Market Recap The markets spent the week trying to find a narrative to believe. On the one hand, every Fed speech this week focused on the need for another 75bps hike in the funds rate in a couple...
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Market Recap
It was all about inflation this week. Tuesday’s CPI report was basically more of the same, but the reaction to it was…maybe pronounced is the word? Out of proportion? I’m not so sure about that....
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Market Recap
Not a lot good to say after a week like this. Stocks, bonds, and commodities all closed in the red for the week. About the only safe haven were U.S. dollars as currencies around the world slipped...
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Market Recap
“Only when the tide goes out that you discover who’s been swimming naked.” This statement has been around so long it almost makes me cringe to use it. It’s attributed to Warren Buffett, but who really...
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