It was another wild week for assets, with major stock indices — and many other asset prices — down.
I’m so old that I can remember “pre-QE” fixed income markets — the time before quantitative easing when yields were more normal.
Well, there’s no other way to describe April than that it truly was a mensis horribilis.
Last week was another busy, momentous one. Below, we discuss three key topics: global growth, the French election, and the Federal Reserve’s hawkish comments.
I entered this industry back in 1995, and I’ve seen a lot over the last 27 or so years — but the last few years have seemed particularly wild. I’m reminded of a line from one of my favorite Grateful Dead songs, “What a long strange trip it’s been.
Last week, I was lucky enough to present to several different clients and to also address a group of business school students. Questions and conversations with them this week have helped to shape what’s been on my mind, especially regarding the “silver linings” I’m seeing in some concerning issues. Below, I discuss a few of them.
The world is opening up in many places, and I have had the good fortune of more travel and interaction with clients.
From the US Treasury yield curve, to stock market volatility, to China’s COVID response – I’m getting a lot of questions from clients about what conclusions we can draw from the daily deluge of data that investors have to contend with.
As fighting continued in Ukraine over the weekend, a long list of countries implemented a long list of economic sanctions against Russia.