ExorbitantPrivilege
Textual analysis of the latest Beige Book suggests sentiment from around the Fed districts remains modestly optimistic about growth with a decline in concern about inflation but certainly no all
Last week the Treasury Select Committee released its report on the Bank of England version of Quantitative Tightening QT My friend Chris Marsh and I contributed written evidence to the
Performance of the S amp P500 is receiving attention At the close of 6th February the index was 3 3 standard deviations above the mid point of our Estimated Fair
Today I celebrated my birthday and Jerome Powell celebrated an FOMC meeting I reckon my cake was better than his 8211 see below So here s a gift some comments
The arrival of Bitcoin ETFs is a mark of respectability It was the federal government that gave the stamp of approval to crypto with its massive fiscal stimulus in 2020
Public expressions from regulatory authorities about the cash futures basis suggests this trade is something to worry about The Fed the BIS the Bank of England and others have publicly
Exorbitantprivilege unpicks the liquidity links of central banks, the dollar, international equities, bonds, commodities and currencies, plus a few other related themes – such as regulation. It showcases the pet rants of Meyrick Chapman, principal of Hedge Analytics Ltd.
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