The surprise inflation numbers surprised markets in a bad way and sparked a sharp selloff in bonds and equities, led primarily by tech.
UST lost its peg, plunging to as low as US$0.67 at one stage before retracing to US$0.80 – hardly the stuff of stability and adding a dose of irony to…
Looking at the data, it’s not as if the entire stock market is in capitulation mode – just its most frothy components and that appears to be driven by valuation.
Over the weekend, a swift selloff in both UST and Bitcoin saw the UST’s peg slip to its lowest level in almost a year,
The 60/40 portfolio management theory has come under pressure as both stocks and bonds have been hammered in the wake of the U.S. Federal Reserve’s 50-basis-point rate hike
Sliding for the seventh session in eight days, the weekends are particularly brutal for cryptocurrencies, given diminished volumes can see sharp advances as easily as steep declines.
With global central banks in a race to the bottom by hiking interest rates to combat the fastest pace of inflation in four decades, a bear market in speculative companies…
Traders decided yesterday that the central bank will fail to achieve any of its policy objectives and struggle to fight inflation amidst the lingering threat of recession.
Bitcoin was already edging higher on expectations that the Fed would gradually water down the punch bowl.
As widely expected, the Fed raised interest rates by 0.50% on Wednesday for the first time since 2000.
