ZLB: How low can you go?
I've kept a keen eye on this little thing known as the Zero Lower Bound since Andy Haldane, then Bank of England Chief Economist, mentioned it...
I've kept a keen eye on this little thing known as the Zero Lower Bound since Andy Haldane, then Bank of England Chief Economist, mentioned it...
If I could sum up the state of the market looking back a week, it would be the image above. A total, unadulterated, disgusting, expensive, devastating wreck... And we haven't even broken the February lows yes on the
Very quick post here, since we're at a key support. Here's how the DAX is positioned right now.
GΓΌten Morgen, hello, hi. Seriously can't shake the feeling that the housing market is the micro root of all evil (or at least where the largest risks are).
I'm back. After a brief stint with COVID (which was, quite frankly, effing debilitating), I'm 80% recovered. And I'm literally coming back to this market completely blind, since I was in bed all of last week, isolated from the comings and goings of this mental market we're all looking at.
Right, before we get into today's piece, shout out to Macrodesiac partner Syscoin.
Who remembers Brexit? Seems like it was a long time ago now, doesn't it? Do you remember the super gonorrhoea we were meant to get? The queues upon queues of people trying to leave or get in or whatever the kooky Remainers had concocted in their heads?
Over the last few weeks, we've seen a tonne of different narratives pop up... Russia vs Ukraine (no not a European friendly, very much a European UN-friendly)... The Fed, fedding...