On Tuesday, Kevin Warsh appeared before the Senate for his nomination hearing for the Fed Chair. The biggest takeaway is Warsh’s desire to “reform” the Fed. Based on his appearance, reform seems to cover the following three areas:Public…
Trump announced an indefinite extension of the Iran ceasefire and stocks rallied.Â
Investors seem to be growing comfortable with the disruption of the and petrochemical markets. Despite higher oil prices following the extension of the…
US rose in March, beating expectations and posting the strongest increase in more than three years, but a significant portion of the spending was driven by gasoline sales—an effect of the spike in energy costs due to the Iran war. The…
A mass trial of 486 suspected MS-13 gang members has begun in El Salvador, the country's attorney general's office has said.Footage released by the attorney general's office shows large groups of men in prison attending the trial via…
As progress on malaria stalls, the case for local research in Africa is stronger than ever, write Edwine Barasa of KEMRI-Wellcome Research Programme and David Mukanga at the Gates Foundation.
As we mark World Malaria Day (25 April),…
Market rally marches on, as do solid earnings results.Â
The rally is broad-based. This is best seen in the even-weighted outpacing the market-weight, along with small caps being stronger than large caps. A big driver of the current…
Thank you, David and thank you to Brookings for having me speak today.1 Whenever anyone hears the words "Federal Reserve" they immediately think about monetary policy and the…
For many traders, the first hour of the trading day provides the most important clues about where price is likely to go.
Professional futures traders pay close attention to this period because it often reveals where institutions are…