Last week the Fed followed market rates and hiked by 75 bps and indicated more to come to ‘fight inflation’ and stocks fell. Then the CPI data dump on Friday cancelled that idea with a soft headline figure and bond yields and the dollar fell
Tag: QE
So, now we know. The Fed really means it when they say they want to crash the economy to kill inflation. But I have one little question: They have a long history of being behind the curve of moving on policy rates and thus they
With Apple’s recent profit warning, every pundit has suddenly jumped on the ‘Apple is a busted flush’ bandwagon. The headlines tell it all – here is one: “Apple just sparked a rude awakening on Wall Street and it could get worse“. And another: “After a
I came across this hilarious/frightening video of what happens when a mobile phone is taken away from a baby. Are babies born today tech-savvy with a smart phone attached to their little fingers? I hope not if only for the mothers’ sake. But surely it
Apologies to Rogers and Hammerstein, but today, I thought I would review some of the bubbles in various markets – many of which appear to be bustin’. It appears last week may well go down in the annals of market lore that marks secular highs
