So… the Fed finally tapered! OK, now what do we talk about? Now we start speculating about “lift-off” – the time when they start raising interest…
The Fed is widely – if not unanimously – expected to begin tapering down its $120bn-a-month bond purchases this week, aiming to end them by next…
I debated whether the title of this week’s piece should be “from ‘transitory’ to ‘persistent’” but decided to go with the above. In any case, the…
European Daylight Saving Time ends on Sunday 31st October 2021 and subsequently US Daylight Saving Time ends on Sunday 7th November 2021. Please refer to the…
There are three major central bank meetings next week: the Bank of Canada on Wednesday and the Bank of Japan (BoJ) and European Central Bank (ECB)…
The world of dew is a world of dew. And yet, and yet— Haiku by Kobayashi Issa, 1763-1827 One of the main themes of Japanese aesthetics…
The mantra of many of the major central banks is that the current unusually high rate of inflation is just “transitory.” Here’s what a few central…
Every month we stress how important the monthly US non-farm payrolls are, and every month it’s true. Nonetheless, may I make a special plea for this…
I was trying to think of something that would connect Portugal with Japan this week. The only thing I could think of is tempura, a dish…
This week isn’t much for economic indicators, but there are a lot of market-moving events. Politics will be at the fore, with the Canadian federal elections…
