FED Rate Decision
The rate decision is due at 2:00 pm today. More important than the rate decision is the end policy rate signals from the FED. Based on tightening credit conditions which acts as a break of the economy, this should decrease…
The rate decision is due at 2:00 pm today. More important than the rate decision is the end policy rate signals from the FED. Based on tightening credit conditions which acts as a break of the economy, this should decrease…
Today the ECB raised rates by 0.5 to tackle the inflation problem in Europe. This raise comes on the back of the Swiss National Bank (SNB) offering support to Credit Suisse with $54 Billion. Credit Suisse shares rose after the…
The Silicon Valley Bank (SVB) collapse is the second largest bank failure in US history. It is only dwarfed by the collapse of Washing Mutual Bank in September 2008. SVB had assets of $209 Billion and Deposits of $175 Billion.…
Russia is now reacting from the recent success of the Ukranians in capturing territory in the northern front. The Ukrainian plan was executed with the help of the Americans and British in terms of planning and suceeded beyond expectations.™ Putin…
Our projection for the ECB rates in a couple of hours is that the rate hike will be stronger than expected for several reasons. Energy inflation has impacted the key countries of Europe, specifically Germany. Aversion to inflation within the…
The west led by the US has imposed very tough sanctions on Russia. However, one of the key sanctions needs further explanation. Thus, this analysis will focus on the sanctions against the Russian central bank. In short, this is one…
Turkey has essentially embraced a dollarlization policy. The reasons for this are both typical and unique. Last week, the Turkey stock exchange was halted. This event had a bit of a lag based on the sliding Turkish Lira and the…
The race is very close. The current situation is Biden at 224 and Trump at 213. The remaining states that could decide the election are Pennsylvania (20), Georgia (16), North Carolina (15), Arizona (11), Michigan (16) and Wisconsin (10). We…
The market rebounded sharply yesterday. Our view prior the the rebound was that the market was extremely oversold and that confidence was building in the market thanks to monetary and fiscal support globally. The SPY (SPDR S&P 500 ETF) gained…