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...
Markets opened sharply down today, January 30, maybe a delayed January effect or maybe a shock of jitters. As we write it seemed poised to be the worst day since August. The talk of the move is that a sharp increase in bond yields in the US and Europe had shocked...
Words matter. No sooner had Steve Mnuchin, US Treasury Secretary, uttered the words (at Davos this week) “a weaker dollar is good for us as it relates to trade and opportunities” then the US dollar started to slide leaving it -2.6% against a basket of other...
As much of the Mid-West and East Coast has been gripped by frigid temperatures in recent weeks, markets continued to heat up. 2017 was a year of record breaking market strength, and all indications are that the enthusiasm remains robust in 2018. December brought a...
