Markets Markets clearly struggled to find a coherent directional storyline yesterday. A new layer of trade uncertainty (US potentially raising steel tariffs to 50%, mutual US-China accusations of not meeting the Geneva agreements) caused investors to start with a guarded risk off bias, weighing on the dollar and on equities. Core yields kept an upward […]
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While the war in Iran wreaks havoc on the stock market, the real economy is also showing signs of stress, particularly in the labor market. This week, the Federal Reserve Bank of New York released Read more…
Oil and gas prices shoot up, upending rate cut bets as inflation fears return. Stocks tumble amid surging bond yields and stagflation risks. Markets increasingly price in a prolonged Iran conflict. Did Trump just shoot Read more…
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