Weekly Commentary: New Cycle Realities
Years of unprecedented monetary inflation created false realities. UK’s Barclays Bank CDS jumped 11 to 147 bps, the high back to July 2013.
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Years of unprecedented monetary inflation created false realities. UK’s Barclays Bank CDS jumped 11 to 147 bps, the high back to July 2013.
We are about to commence an adjustment period that I fear will shake us to the core. Is there an end in sight? Click here to find out.
The UK thought it had the trust of markets — until it didn’t. Now homeowners and businesses will likely have to pay the price.
The UK thought it had the trust of markets — until it didn’t. Now homeowners and businesses will likely have to pay the price.
The Bank of England unleashed its biggest interest-rate increase in 27 years as it warned the U.K. is heading for more than a year of recession under the weight of soaring inflation.