The Market in Pictures, December 22

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence:   Dave: With the absurd dominance of the megacap names having retreated to merely “dominant”, we hope to...

Will the Dovish Pivot Stick?

The shift in expectations for future interest rates has become the top narrative of markets. Following last week’s FOMC meeting, markets were thrilled to see the Fed add rate cuts to their Dot plot (SEP Projections) and talk about the potential for rate cuts....

The Market in Pictures, December 15

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence: John Luke: The story of this week was the Fed, and how far out in front the market is in terms of rate cuts...
Taxation By Inflation

Taxation By Inflation

    “By continuing the process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily, and, while the process impoverishes...