Our battered American common culture and its expression in political consensus ought to start with the foundation of the social contract: the agreement to not slaughter each other.
As Nomura writes, equities are now a pure "flow show", warning that following last week's euphoric burst higher, the coming 2-4 week "window" set a stage for a potential sharp, if brief selloff, as a result of the following six factors...
Cable is sliding back below 1.3200 following a surprise move by the UK Commons Speaker John Bercow blocks UK PM May's third-time's-the-charm Brexit deal...
“During the verification process of the FDR data, clear similarities were noted by the investigation team between Ethiopian Airlines Flight 302 and Lion Air Flight 610..."
The transmission of US growth to the dollar is likely running primarily through interest rates unlike the pre-2008 period, when equity flows were an additional channel
They shouldn’t try to dress neutrality up in super-accommodative clothing to make asset prices bubbly. Especially when they are simultaneously hoping to retain the optionality they crave by keeping the dots above zero...
