The Fed continues to navigate a tricky balancing act, taking what could be considered a hawkish pause in June, with the express intention of raising rates again later to get headline consumerRead More…
Global stock markets shook off recession fears and geopolitical and trade risks last year to end the year almost a third higher in key developed equity markets, with the MSCI World Index,Read More…
Tug of War: Earnings, Interest Rates, and Trade Policy Under Jerome Powell’s chairmanship, Fed policy focus has returned to long-term sustainable growth and economic stability. This is at best a precarious ventureRead More…
Canada’s heavy crude oil discount to West Texas Intermediate (WTI) crude has increased to its highest level. This has raised the spectre of a prolonged downturn for domestic oil producers who haveRead More…