In January 2023 the clues appeared to be aligning in favor of an end to the Federal Reserve’s rate hikes. It was a false dawn – the Fed lifted its target rate four times in subsequent months, by a total of 100 basis points.
Fast…
The United States is committed to strengthening the global nonproliferation regime by taking action to disrupt procurement networks supporting proliferation activities of concern. Today, we are designating three entities…
Business & Finance16 August 2023, 7:58 pm 1 minute
Reuters exclusively reported that Bridgewater Associates’ flagship fund had a bearish view on U.S. stocks in late July just as a…
This will be one of those weeks with significant risks quietly lurching in the background. Again, the biggest of those risks are the Treasury auctions, which haven’t been going particularly well. This week will feature , , and…
The United States is deeply concerned by credible reports that the Rapid Support Forces (RSF) has intensified its shelling in and around Nyala, South Darfur and Karari, Omdurman, deepening the suffering of the Sudanese…
So, what causes the tides? The tides are driven by the moon. As the Earth turns, the gravity of our nearest celestial neighbour pulls at the water in our oceans, making it bulge out. As the planet turns the moon releases its hold, and…
Stocks finished sharply lower as rates reached new cycle highs on the long end of the curve, and the yield curve steepened. This led to a drop of about 1.3% on the , bringing the index down to around 4,315. This retraces about 50%…
Yesterday was one of those days when Jay Powell should have passed on its latest interview session. The message was vague, and he didn’t seem to have many answers at times.
What is clear to me is that the Fed doesn’t know what comes…