Policy
September ECB Cut Still Possible Despite Higher July Inflation…
The Fed Is "Getting Closer" To Cutting…
On The BoJ's Surprise Hike…
The Fed kept rates steady today, but teed up an initial rate cut in September while putting more emphasis on the employment side of its dual mandate.
Republicans are favored but the election is still competitive. Equities, corporate credit, and cyclical sectors will fall until policy uncertainty is reduced.
Uneven Upside Surprise In Eurozone Q2 Growth…
Rate Cuts Won't Ensure A Soft Landing…
The Riksbank Will Stay Dovish…
The Euro Area Economy Is Vulnerable…
Investors hope that the ECB rate cuts priced into the curve will be sufficient to achieve a soft landing in Europe. History argues against this view, but will this time be different?