Consumers No Longer Accept the Blame for Inflation
During our recent experience with inflation, I frequently see and hear narratives about how a…
Dr. Duru
Dr. Duru The Carry Trade Sweeps the Sahm Rule Aside
Events are happening fast in the financial markets. Suddenly a large convergence of negative catalysts…
The New Recession Obsession: The Sahm Rule
I first heard of the Sahm Rule on a trading podcast earlier this week. When…
An Inflation Story
Reuters recently published a panoramic view of inflation over the past several years. While the…
Now the Market Just Needs the Rate Cuts
There is clearly something magical in seeing an inflation measure carry a negative sign. The…
Fed’s Powell Avoids the Obvious: Inflation and Interest Rate Forecasts Make Little Sense
The Federal Reserve rolled out its latest statement on monetary policy which included an updated…
Fed’s Powell Avoids Rate Cut Talk While April CPI Keeps Hope Alive
Federal Reserve Chair Jerome Powell made a timely appearance in Amsterdam for a meeting of…
Financial Conditions Make A Monetary Roundtrip and Undercut the Need for Rate Cuts
Last week, financial markets stared in dismay at “sticky” inflation numbers on the consumer and…
From Inflation Fizzle to Sizzle
Inflation is probably still dead, but its “stickiness” still has the potential to spook financial…
Bank of Canada’s Macklem: The End is In Sight But Rates Are Not Returning to Pre-Pandemic Levels
In a BNN Bloomberg video interview late last month, the Bank of Canada’s governor Tiff…