Street Savvy

In the empty space that follows a deluge of new information, the behaviour of financial markets can often be quite telling....

The balance of probabilities in equity markets has been to the downside since May:...

In the last update, we proposed the following key question for financial markets: ...

After a noisy summer for financial markets, each passing week in September has been helpful for refining the proper question to ask...

It was a busy couple of weeks for pundits. Amidst the now normal, daily changes in trade policy, this summer’s one way decline in interest rates abruptly reversed. The reaction...

Financial markets finished off the dog days of summer in a fitting fashion for 2019: rapid-fire political jabs...

In the absence of other news flow, the investors focused primarily on positive signaling from the Fed – specifically on Jerome Powell’s testimony...

Highlighting uncertainty in financial markets is typically a low-value-add comment – that is their whole reason for existence, after all. We are also acutely aware of the risks of confirmation bias. Nevertheless, there are enough tangible risks

Equity markets rose 4%, recovering about half of May’s losses as we entered wait-and-see period. The core question for financial markets remains whether trade-inflicted damage on business confidence will take hold faster and/or outweigh the benefit o