Stocks have now fully recovered to pre-Iran conflict levels. The S&P is now only 65 points from its February all-time high. The other major indexes aren’t far behind. The VIX has fallen to 18 from 31. Credit spreads are falling. All…
It is great to be here with you today.1 During my career, I've had the opportunity to work on issues affecting rural communities, especially access to capital. My time at the…
A battle is raging in the Halls of Congress between the banks and the crypto industry. The spark was a judgment by the White House’s Council of Economic Advisers, which recommended that stablecoins be allowed to pay interest to their…
The Duke and Duchess of Sussex have arrived in Australia for a four-day tour that includes visits to charitable causes alongside private, money-making engagements. After stepping down as working royals in January 2020 and giving up their…
On behalf of the United States of America, I offer my sincere congratulations to the citizens of Senegal as you celebrate 66 years of independence.
As you mark this important milestone, we reaffirm the strong and lasting relationship…
Executive Summary Risk assets declined sharply as geopolitics outweighed fundamentalsMacro de‑risking dominated as growth and value declined togetherBrent crude posted its largest monthly gain since the 1970sFalling 5‑year…
Sharp swings driven by geopolitical shocks and shifting have so far left equities broadly unchanged, while the continues to be influenced by ongoing tensions in the Iran conflict.1. Back to Zero!The ’s total return for the year has…
This WeekOnce again, developments in the Iran conflict moved markets this week — overshadowing most macro news.The key developments in the Iran conflict this week were that:President Trump said twice that the conflict would…