No Place for Pollyannas This week, financial markets acted decisively and with rare clarity. Essentially, for this ugly week, it was King Dollar up, virtually [...]
[Reuters] Russia’s Gazprom says Siemens Energy ready to fix Nord Stream fault [Reuters] Russia, West step up energy war as risk of nuclear disaster [...]
Global “Risk Off” gathers momentum by the week. Crisis Dynamics fester, as global central banks coalesce around a united front for battling inflation. The [...]
[Yahoo/Bloomberg] Stocks Rise After Jobs Data Offer No Surprises: Markets Wrap [Yahoo/Bloomberg] Yen at Risk of Further Declines After Breaching Key 140 Level [...]
Jay Powell’s “economic pain plan” sent markets reeling after his Jackson Hole speech. This week we discuss the added pressure on all markets [...]
[Yahoo/Bloomberg] Stocks, Commodities Fall as Growth Concerns Spread: Markets Wrap [Reuters] Stocks slide, dollar spikes as September starts stormy [...]
[Yahoo/Bloomberg] Stocks Mixed as Dollar, Treasury Yields Advance: Markets Wrap [Reuters] Asia continues global stock slump as Fed tightening fears flare [...]
Jay Powell punches the market in the face European energy costs could rise 10-fold this winter Gold up 20% in Yen for the year The Dollar Is Temporarily [...]
[Yahoo/Bloomberg] Stocks Up as Post-Powell Slide Subsides: Markets Wrap [Yahoo/Bloomberg] Oil Retreats From Biggest Gain in Six Weeks Amid Supply Angst [...]
[Yahoo/Bloomberg] US Stocks Sink, Treasuries Fall as Dollar Climbs: Markets Wrap [Yahoo/Bloomberg] Asian Stocks Near Two-Year Low as Powell Spurs Risk-Off Mood [...]
[Yahoo/Bloomberg] Stocks Face Another Sharp Slide After Powell’s Hawkish Pivot [Yahoo/Bloomberg] Top Central Bankers Deliver Hawkish Message at Jackson Hole [...]
Jay Mans Up A tip of the hat to Fed Chairman Jerome Powell this week. Friday was his day. In just over eight focused minutes on the mic (versus 30 minutes [...]
[Reuters] ECB needs another big rate hike in September, Kazaks says [Reuters] ECB’s Knot says he favors large rate hikes -NOS interview [Reuters] Russia [...]
I appreciate that Jay Powell is no ideologue. His Fed has made some historic missteps, and Powell as Chair has sometimes flailed. But I’m willing to cut him [...]
[Yahoo/Bloomberg] Stocks Rise, Dollar Falls Before Powell’s Keynote: Markets Wrap [Reuters] Asian shares rise as hopes for audit deal boost China tech [...]