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.
By Harry Robertson
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.
By Lucy Raitano LONDON (Reuters) - Shares in sports car brand Porsche fell below its listing price on Monday, the third day of trading since its $72 b...
By Elizabeth Piper, Andrew MacAskill and Alistair Smout BIRMINGHAM, England (Reuters) -British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn after less than a month in power, reversing a cut to the highest rate of income tax that helped spark turmoil in financial markets and a rebellion in her party. Finance minister Kwasi Kwarteng said the decision had been taken with humility and contrition , after some lawmakers reacted with fury to suggestions that public and welfare spending could be cut to fund tax cuts for the richest. Elected by party members but not the broad...