The start of the tightening cycle
The Federal Reserve, the Bank of England, and the ECB have all begun to tighten. The Fed believes that by the middle of next year, the 120 billion per month buying program will have ended. At [...]
The Fed meets analysts’ expectations
Yesterday, the Fed came out with a fresh interest rate decision. Chairman Jerome Powell and his staff fully met the expectations of analysts with the decision. The Fed created clarity and that is [...]
Commodity prices past their peak?
This year, the global economy rebounded sharply and quickly as more and more countries rebounded from lockdowns instituted because of the corona pandemic. When the global economy picks up, [...]
Is there a little black swan swimming there?
There we are again In a stern letter to Congress, U.S. Treasury Secretary Janet Yellen stated that the bottom of the treasury is looming in sight around mid-October. If the Democrats and the [...]
Dipping-taper-toe-in-the-water
The American jobs report published last Friday was a major setback as the number of jobs created in August came to just 235,000. Last Wednesday, the Central Bank of America published the summary [...]
In Germany, the traffic light is on green
For nearly 16 years, Angela Merkel has been at the helm of Europe’s largest economy. There are elections on September 26, and German politics is suddenly anything but dull. For a while [...]