ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
“The slowdown in aggregate demand contributes to the fall in inflation. Yet, exchange rate movements due to recently heightened global uncertainty and volatility pose upside risks on the inflation outlook. The Committee decided to implement monetary tightening to contain adverse impact of these developments on expectations and the pricing behavior.” – The Central Bank of … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 14, 2016. Click here to read the entire piece.) {snip} These quotes came from Mark Carney, governor of the Bank of England (BoE), in response to questions during the Q&A period of the November Inflation Report. I believe Carney reminded … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 7, 2016. Click here to read the entire piece.) The theme was consistent for the Markit economic indicators for August: the UK economy rebounded sharply and strongly from the initial post-Brexit blues. Almost across the board, measures of economic activity … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 28, 2016. Click here to read the entire piece.) Going into the Jackson Hole Economic Policy Symposium, various “Fed heads” were interviewed about the prospects for the next rate hike. The chorus in the days and weeks before Jackson Hole … Read more
The referendum that punted the UK out of the European Union (EU), “Brexit”, is practically a forgotten memory for most people outside of Europe. For example, the aftermath of this vote now looks like an event that quickly shook out the most eager sellers in the stock market and thus paved a course for a … Read more