Market Overview
Trading Desk Notes: Active And Passive Capital Flows Make Their Mark
12.12.2021
Trading Desk Notes: Active And Passive Capital Flows Make Their Mark
Bullish enthusiasm came roaring back this week The S&P registered an All-Time High close and the DJIA rallied >2,000 points…
Unpacking The U.S. Federal Reserve’s “Hawkish” Pivot
12.12.2021
Unpacking The U.S. Federal Reserve’s “Hawkish” Pivot
The US Federal Reserve (Fed) continues to dominate macroeconomic discussions. After supporting the “Great Pandemic Reflation” (2020-21), a stimulus-induced recovery…
This Holiday, Will Mr. Market Eat Too Much Pi?
12.12.2021
This Holiday, Will Mr. Market Eat Too Much Pi?
Four times a year I write a letter to IMA clients. These letters are long; the most recent Fall letter…
Markets May Be In For A Giant Shock Next Week
10.12.2021
Markets May Be In For A Giant Shock Next Week
Next week could be huge for markets with Wednesday’s December FOMC meeting and press conference. Expectations have been building that…
Dollar Steady Ahead of U.S. CPI; Stock Rally Fizzles Out
10.12.2021
Dollar Steady Ahead of U.S. CPI; Stock Rally Fizzles Out
US CPI data in focus ahead of Fed decision next week, dollar flat Stocks pare weekly gains as Evergrande default…
Appetite Softens Ahead Of U.S. Inflation Data
10.12.2021
Appetite Softens Ahead Of U.S. Inflation Data
The US dollar was found higher against most of the other major currencies, while most equity indices traded south. Maybe…
U.S. Economy Remains On Track For Strong Q4 Rebound
09.12.2021
U.S. Economy Remains On Track For Strong Q4 Rebound
With the end of the year in sight, the U.S. economy continues to show signs of a sharp pickup in…
BOE Rate Hike In Doubt Following New COVID Restrictions
09.12.2021
BOE Rate Hike In Doubt Following New COVID Restrictions
Deja Vu In The UKIn a situation which was eerily reminiscent of this exact time last year, the UK government…
Opening Bell: European Stocks, U.S. Futures Slide; Dollar, Treasuries Advance
09.12.2021
Opening Bell: European Stocks, U.S. Futures Slide; Dollar, Treasuries Advance
Traders cash out of US and European shares Sterling at year’s low on UK Omicron restrictions Dollar rebounds Key Events…
Equities stay cheery but dollar creeps up, pound hits new low
09.12.2021
Equities stay cheery but dollar creeps up, pound hits new low
Stock market party continues as virus risks sidestepped, though US futures dip slightly But Omicron begins to bite as UK’s…