Bets against the euro-dollar parity are increasing dangerously October 24, 2024 Anticipation of the risk of the euro slipping against the dollar is rising in financial markets after last week’s rate cut and the scenario…
Bank of Canada: Third consecutive rate cut September 5, 2024 The Bank of Canada proceeded with its third consecutive reduction in interest rates. Its prime lending rate fell to 4.25%. The 25 basis point…
Interest rate cuts will send Corporate debt into “junk” bonds February 1, 2024 The announced interest rate cuts by the Federal Reserve will lead to lower yields on junk bonds. In other words, for a company with…
The battle with inflation and recession is becoming increasingly difficult January 11, 2024 The entire financial press’ narrative of a “soft landing” of the economy – US and global – and avoidance of recession is fostered through…