Sep 1, 2022 | Asset Management
A new sovereign debt crisis? The strength of the dollar could lead to a sovereign debt crisis. While the US dollar has been the one consistent winning trade of 2022, it could force several countries hit by economic hardship to default on their debt. As economic...
Jul 1, 2022 | Asset Management
Is the Fed engineering a recession? The US Federal Reserve made a bold statement in June by hiking rates by 0.75%, the biggest rise in almost 30 years. It is widely expected that July’s rate hike will also be for 0.75%, showing just how committed the Fed is to get...
Jun 1, 2022 | Asset Management
NO RECESSION FOR NOW It’s looking increasingly likely that a recession will be avoided in 2022, despite evidence that growth prospects are weakening. The jobs report for May showed that hiring is still expanding at a healthy rate. Manufacturing and services sectors...
May 1, 2022 | Asset Management
The Fed conundrum Last week, US GDP fell at an annual rate of 1.4% which was worse than forecast. At the same time, the US just like the rest of the world is facing very high inflation and with no meaningful drop in sight, at least in the short term. As a result, the...
Apr 1, 2022 | Asset Management
Recession looming? You may have heard lately that the two and ten-year yield curves have inverted and that it’s an indication a recession is coming. What it means in short is that the bond market isn’t buying the idea that the Fed is going to be able to engineer a...
Mar 1, 2022 | Asset Management
Quick take on the war in Ukraine: The economic sanctions inflicted on Russia have led to dramatic price increases in all commodities. Oil and natural gas have hit multi year highs while food staples such as wheat have smashed record highs. This leaves the world with...
