“Snow in April is abominable,” said Anne. “Like a slap in the face when you expected a kiss.” L.M. Montgomery, Anne of Ingleside April has been a cruel month indeed in the Mid-West. A carousel of snow, freezing rain, and sharp wind gusts downtown have...
It was a busy week for White House newsflow as Rex Tillerson, the Secretary for State, was removed somewhat suddenly and rumors of further turnover circulated, with McMaster potentially next to leave. Lost in the noise was a special election in Pennsylvania which saw...
If a picture is worth a thousand words, perhaps this is the picture to capture what February felt like. And early indications are that March might set us up for more of the same. The month started in a chaos of adjustments – to the potential absence of a...
As we ease towards the end of February some of the panic seen earlier in the month has definitely ebbed. The much anticipated CPI print of last week was largely discounted in and markets barely moved in response. The release of the Fed minutes yesterday also...
February has been a bit of a gut punch for markets triggered by strong payroll data in the US, which started a spiral of worry – worry about the economy overheating, worry about rising inflation, worry about rising bond yields (the 10 year today topped 2.9%) and...
