There is a discrepancy between the market and the Fed that provides a potential opportunity and it can impact the USD. In brief, the Fed projected no Fed rate cuts…
Last year global stocks had their worst year since 2008. World stock market capitalisation fell nearly 20% which, in recent history, was only eclipsed by the near 50% drop in…
Crescat Capital has been bullish on gold for a long time. It is a conviction that has been costing the company in the recent climate with USD strength, rising yields,…
Back in May, the outlook for China exiting its Covid-Zero looked like it was going to be a long draw out affair. Weaker hospital infrastructure, lack of vaccination of the…
Bloomberg reports that Italy has a €123.2 billion debt mountain from COVID-backed state support which, as of June 30, is outstanding. The debt has been rising too as it has…
Last week’s UK budget marks a return to austerity. The key sentiment of Chancellor Jeremy Hunt’s statement was that the UK now intends to live within its means. There were…
The UK’s Autumn budget has to balance three pressing things. It has to balance the need for the UK to be seen as fiscally responsible without stifling growth and, simultaneously,…
According to Bloomberg, there is a possibility for S&P500 to rise over 0.5% if the Republicans hold onto Congress but to fall by 3.3% if the Democrats hold Congress. However,…
A recent article by Bloomberg has flagged a problem with the copper market. It comes from a storage facility in Shanghai’s free trade zone where the Yangtze River meets the…
The latest communication from the BoC shows that the bank is clearly on an interest rate hiking path. Earlier in October governor Tiff Macklem said that he remains firmly on…