Yesterday was marked by a rebound in sovereign bonds on expectation that rising oil prices—which will send inflation soaring in the coming months—would also hit economic growth and, in turn, limit central banks’ ability to raise rates to the extent currently priced by markets. In other words, higher energy prices—and possible energy scarcity—could slow global […]
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In the early hours of May 2, low-cost carrier Spirit Airlines definitively collapsed and canceled all flights after weeks of talks to save the beleaguered airline ultimately led to nothing. “Despite the Company’s efforts, the Read more…
Dollar’s broader weakness reasserted itself last week, even as it managed a modest late rebound against Euro. Across the board, however, the greenback remains under pressure, with underlying momentum and sentiment pointing to further downside Read more…
After more than a year of speculation about whether Spirit Airlines could come out of two bankruptcies with a last-minute Hail Mary, the skyrocketing price of jet fuel ended up dealing the final blow to Read more…