No Pivot, US Consumer and German Manufacturing
Three straight quarters of declines, Balance Sheets and Bonds, Credit Suisse and the Lehman moment, Bearish sentiment and uncertain traders.
UK Government solvency, the British Consumer and the housing market.
Dollar Wrecking Ball. FX Market Volatility. Thoughts on the road map into Nov for the SPX
Monetary tightening is exacerbating the economic slowdown while having little impact on inflation. The Dutch government budget shows how inflation begets more inflation!
Broad-based declines across Indices and Sectors on a global scale. Bond and Equity market Volatility divergence. ETH Marge Non-Event.
The difference between leading and lagging indicators.
How social and political pressures make fighting inflation a difficult task for Central Banks. What the experience of the 70s can teach us.
Are investors truly hedged? Chasing noise ahead of US CPI.
A newsletter about my thoughts and research on the ever-changing global macroeconomic landscape.
