The last update I gave you on the market in the aftermath of the ECB's policy statement was about central banks being too tight. The gist of my remarks was that CBs are all poised to tighten, if and when the data allow them to do so. This is certainly true with the ECB, which not only wants to end balance sheet expansion but wants to normalize rates under pressure from the Germans. But it's also true in Norway, in Canada and in the US as well.Adding volatilityThis is going to be difficult for ...
Edward Harrison considers the following as important: Gold, investing, markets, Monetary Policy, Oil
This could be interesting, too:
Mike Norman writes David Andolfatto — Is Neo-Fisherism Nuts?
Mike Norman writes Bill Dudley — Budget Deficits Still Matter
Edward Harrison writes The coming earnings recession
Edward Harrison writes IMF backs Fed rate pause citing rising global risks, Japan decelerates