Bassanese Bites: COVID strikes again – June 28 2021
Week in review Global equities rebounded last week, comforted by further reassuring words from Fed chair Powell, excitement related to US President Biden’s infrastructure package, and a no worse than feared inflation outcome. After the previous week’s apparent hawkish tilt at the Fed meeting, Powell fronted Congress …
FNArena’s Weekly Insights – June 21 2021
In this week's Weekly Insights: -The Year Of Doubt -Conviction Calls -Research To Download The Year Of Doubt By Rudi Filapek-Vandyck, Editor FNArena Others see a world dominated by central bank interventions, fiscal stimulus, a virus that refuses to surrender, still rising inequality, asset price inflation and a growing consensus on …
Bassanese Bites: Fed fear – June 21 2021
Week in review Equities buckled under Fed tightening fears. The Fed policy meeting was of course the market highlight last week, particularly the increase in the number of Fed members who are now penciling in a rate hike in 2023 according to the ‘dot plot’ chart. …
Bassanese Bites: Buy the fact – June 15 2021
Week in review Global markets shrugged off a higher than expected U.S. consumer price index (CPI) result, with U.S. 10-year bond yields edging lower and equities pushing higher. This likely reflected an element of “sell the rumour, buy the fact”, given fears of a high inflation …
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