US Political Backdrop Keeps Economy Range Bound Despite Dovish Fed Pivot
US economic growth is respectable but slowing. Fed policy remains data dependent, despite a dovish pivot. Toxic politics hinders animal spirits....
214 Views
High Foreign Participation Presents Challenges for US Financial Markets Despite Fed Pivot
US monetary policy remains data dependent despite the recent dovish pivot. High foreign participation in US financial markets, notably Treasuries,...
233 Views
US Financial Markets: Getting Too Optimistic About Easier Fed Policy?
Risky assets have forgotten their angst from earlier this month. Aggressive Fed easing is discounted in Q4, although policy gradualism remains...
272 Views
Bank of Japan and Next Liberal Democratic Party Leader Must Create a New Nexus
Liberal Democratic Party leadership change in Japan could impact conduct of monetary policy as a new nexus is forged with the central bank. Policy...
195 Views
Data Dependent Fed Unfazed by Fallout from Unwinding Carry Trades
Weaker July labour market data and the unwinding of two carry trades produced elevated financial market volatility. Fed policy remains data...
222 Views