Last week, the ECB announced the
reintroduction of targeted long-term refinancing operations for the
third time. TLTRO-III is scheduled to start from next September. The
idea is to make yet more money available for the banks at attractive
rates...
Retail
sales and food-services spending fell 0.2 percent in February following
a 0.7 percent gain in January. Excluding the volatile auto and energy
categories, core retail sales and food services were down 0.6 percent in
February after a gain...
Voters in Slovakia elected activist Zuzana Čaputová their first female president over the weekend, delivering a rebuke to right-wing nationalism.
Politico framed
Čaputová's win as "cause for celebration for pro-EU and democratic
forces throughout Central and Eastern Europe, as well...
The inversion in the bond market that everyone is paying attention to is the 3-month and 10-year Treasury bond. Inversion happens when short-term rates go higher than long-term rates. It means that people in the bond market believe in...
On Friday Larry Kudlow, speaking as Trump's economics advisor, demanded an immediate 50 point interest rate cut with no care for what the consequences may be. He wants a panic cut now before a stock market drop or...
"Well, the stock market didn't crash last week after the yield curve inverted the week prior. But it didn't rally either. Instead, it formed a coil and is awaiting its next move. I'm leaning higher, for a number of...
