Saya bukanlah peminat bekas Setiausaha Pertahanan Amerika Syarikat, Donald Rumsfeld, pelakar pelan di sebalik serangan AS di Iraq. Namun, ada satu kata-kata mendalam beliau yang telah…
We should’ve known something was up from the speeches made on Nov. 22nd when President Biden reappointed Fed Chair Powell and appointed Gov. Brainard as Vice…
Rates as of 05:00 GMT Market Recap Anyone in the market knows the saying “buy the rumor, sell the fact.” It means the quick money goes…
We’ve heard a lot about inflation. Next Thursday is Thanksgiving Day in the US, the biggest national holiday, when much of the country gathers together and…
Inflation is the topic that just keeps on giving. It used to be that every Thursday I’d start panicking. “What should I write about this week?”…
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…
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…
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…
