History & Geopolitics
The month of October strikes fear in the hearts of many Wall Street veterans — and for good reason.
The investment community needs to develop common standards to apply when conflicts like the Russia–Ukraine War break out.
A reduction of the ECB's balance sheet and a serious effort to achieve positive real interest rates will be key to ensuring a turnaround in the fortunes of the EUR/USD.
Recession is now a virtual inevitability.
“This is a time of testing -- a testing not only of our capacity collectively to reach coherent and intelligent policies, but to stick with them.” -- Paul Volcker
"Wall Street wisdom is that QE is immensely powerful and is stoking financial bubbles. Academics say, 'I take your $100 bills, I give you back 10 $10 bills. Who cares?'"
“The first lesson is that central banks can and should take responsibility for delivering low and stable inflation,”
Demand destruction does not guarantee disinflation.
The inflation storm may have passed. But don't bet on it.
Spencer Jakab argues that Wall Street, not the everyday retail investor, won the meme stock revolution.