Minneapolis Fed President Neel Kashkari said yesterday, “By many, many measures we are at maximum employment and we are at very high inflation. So this is a completely unbalanced situation, which means to me it’s very clear: We need to tighten monetary policy to bring things into balance.” “When inflation is 8% or 9%, we […]
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Yesterday was yet another ugly session for US stocks. The increasingly heavier weight of Trump talk, deteriorating relationships across the globe – except Russia – combined with higher inflation expectations on tariffs, the uptick in Read more…
Germany’s GfK Consumer Sentiment Index for March declined further from -22.6 to -24.7, missing expectations of -21.1. February data showed income expectations plunging -4.3 points to -5.4, marking a 13-month low, while the economic outlook Read more…
Markets Same dynamics were at play for a third session straight with US assets starting to discount the possibility of a stagflation rather than a goldilocks scenario for the US economy. Key US stock markets Read more…