Weekly Commentary: Global Crisis Dynamics Update
CPI was up 9.1% y-o-y in June, the highest rate, as we all know by now, since 1981. Read more.
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CPI was up 9.1% y-o-y in June, the highest rate, as we all know by now, since 1981. Read more.
Russia has defaulted on its external sovereign bonds for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors.
The FOMC hiked rates 75 bps Wednesday, the largest rate boost since Greenspan’s lone 75 bps move more than 27 years ago (November 1994). For anything bigger, it’s back to the Volcker era.
By Bloomberg News (Bloomberg) — In early March, as the US and its allies unleashed a wave of sanctions on Russia, President Joe Biden stood in the White House and said...
Once again this week, it had all the appearances of one massive global “trade” unraveling. Click here to read about all the action for the week.