For investors, 1H23 was an exercise in making sense of interesting times
Six months into 2023, the term “goldilocks economy” has been dusted off by some investors as they contemplate declining inflation, strong labor...
daily fund flows
Asia shines as second quarter winds down
With major central banks in Europe and North America still tightening policy in the face of inflation rates three or four times their official...
Off the wires: Long-Dated Treasury Futures Rally in Wake of Debt-Ceiling Accord
With the notable exceptions of China and Japan, G20 countries (and others) have spent the past 16 months raising interest rates to combat inflation....
To investors, the ‘punch bowl’ still looks empty
In mid-June, markets got what they had been hoping for. The US Federal Reserve paused its rate hiking cycle and China’s central bank moved, albeit...
Getting a pause, hoping for a pivot
In mid-June investors got from the US Federal Reserve what they’d been hoping for since the beginning of the year: a pause in the Fed’s current...
Cashing in on interesting times
The end of the latest debt ceiling standoff and expectations that the US Federal Reserve will keep interest rates on hold when it meets next week...