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Economy
Markets Are Pricing a Sovereign Debt Trap in Real Time
Markets have a habit of sniffing out stress long before policymakers admit it exists. This is one of those moments. What looks like a…
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Soaring US Services Clouds the Fed Rate Cut Story
The hit a 14-month high with surging output, orders and employment, but this contradicts the relative softness seen in other business…
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Speech by Vice Chair for Supervision Bowman on modernizing supervision and regulation
I would like to thank the California Bankers Association for the…
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Why the US Is Targeting Venezuela, and What it Means for Markets
After months of escalating tensions, on 3 January, the United States carried out a large-scale operation in Venezuela, extracting…
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Nvidia’s Exponential Growth Meets a New Fed Ready to Cut Rates
CEO Jensen Huang’s presentation at CES was very reassuring to the company’s investors. Huang said, “Demand for Nvidia GPUs is…
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Federal Reserve Board – Minutes of the Board’s discount rate meeting on December 10,…
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2025 Review and January 2026 Outlook
Executive SummaryU.S. equity markets posted strong double-digit gains, led by tech and growth stocksPolicy easing and fiscal…
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Venezuela Moves From Write-Off to Debate as Capital Tests the Recovery Trade
Venezuela is moving rapidly from the margins of global investment thinking toward the centre of it.
After years of isolation, capital…
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Economic Week Ahead: Jobs Report, PMI and Inflation Expectations in Focus
With the holidays behind us, the first full trading week of the year is a busy one on the data front. The big focus, naturally, is on the…
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Electricity Prices Could Become a Structural Inflation Problem
Most Americans are paying higher electricity prices, and the pressure is unlikely to ease anytime soon. According to the Wall Street…
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