This fall the economy and the markets were undisputably fixated on the US election more than anything else. As the promises on both sides of the aisle scaled the cliffs of outrageousness, in the end the Republican platform prevailed and…
This fall the economy and the markets were undisputably fixated on the US election more than anything else. As the promises on both sides of the aisle scaled the cliffs of outrageousness, in the end the Republican platform prevailed and…
As the US central bankers started signalling the intent to decrease interest rates, long duration bond prices started rising (remember, when interest rates fall, bond prices rise). I have included a longer-term trend chart here to help get a broad…
As winter gave way to spring we began to hear more and more that the tightening effect of higher interest rates is showing up in various parts of the economy. There have been reports of weaker markets for consumer durable…
This winter we witnessed coping with foggy economic conditions in various parts of the world, from China to the Middle East, Ukraine, and North America. Not to say things were dire per se, but we waited for economic clarity on…
The Autumn season in the markets was punctuated by concerns over the Israeli-Hamas fighting and its geopolitical impacts, watching with bated breath about how consumers would digest the insidious impact of interest rates, and in China a property market decline…
This summer into fall, markets have been fixated on the economic “soft landing” narrative and the notion of rates being higher for longer. It is true that circumstances have made it tougher than in past cycles to slow down the…
As the developed world navigated past the Omicron virus wave, various factors lengthened and/or accelerated the inflation we once hoped would be transitory. On the economic demand-growth side, various economies saw increased consumer activity, especially in leisure spending. On the…
Commentary January 2022 – Digesting Omicron and Persistent Inflation Impact There were many winds washing through the markets in the months leading up to the New Year. Hence it was a tumultuous time. To name a few: The Delta variant…