Can Gold Climb to a New Record High?
Gold pulls back after hitting record high near $2430 Retreat remains short-lived as geopolitical risks […]
Bank of England Closing In On Rate Cuts
Summary The Bank of England (BoE) held its policy rate at 5.25% at today’s monetary […]
RBA on Gold and Remains Vigilant to the Upside
Rates unchanged as expected, as Board balances near-term inflation risks with desire to avoid recession. […]
Sanctions Reach Won’t Disrupt The Dollar’s Reserve Currency Status
Summary In recent times, the U.S. dollar’s status as the global reserve currency has been […]
May FOMC: Stalling in Inflation Leaves FOMC Stalling for Time
Summary As was widely expected, the FOMC left the fed funds target range unchanged at […]
Worst of Both Worlds: Are the Risks of Stagflation Elevated? Part III
Part III: Where Is Stagflation Headed from Here? Summary In the first installment of this […]
Could Monday’s Intervention Turn the Tide for Yen?
Japan allegedly intervened for the first time in six months Most recent interventions did not […]
Worst of Both Worlds: Are the Risks of Stagflation Elevated? Part II
Part II: A Brief Review of Past Episodes of Stagflation Summary In the first installment […]
Wolf in Sheep’s Clothing: Soft GDP Hides Surging Spending
Summary Real GDP grew at only a 1.6% annualized pace in Q1, held back by […]
April Flashlight for the FOMC Blackout Period: Waiting for Godot?
Summary We share the market’s overwhelming expectation that the Federal Open Market Committee (FOMC) will […]
Worst of Both Worlds: Are the Risks of Stagflation Elevated? Part I
Part I: A Framework to Characterize Episodes of Stagflation Summary In this first report of […]
Market Continues to Price in a Plethora of Rate Cuts for 2024
Market is still in monetary easing mode despite fewer rate cuts priced in across the […]