Category Archives: Main Page

The past year has seen the most aggressive Fed tightening cycle in at least 30 years (see the chart below as of March 30, 2023, courtesy of Isabelnet.com). Base effects matter a lot; coming off a decade of constant QE … Continue reading →

On today’s episode of On The Margin, we welcome Darius Dale, Founder & CEO of 42 Macro, back to the show to discuss the recent liquidity measures in response to the banking turmoil over the past few weeks. With Markets … Continue reading →

Bear markets can be psychologically trying as interim rallies may obfuscate ongoing downtrends. Markets are liquidity junkies and repeatedly anticipate that central banks will pause and return to easing credit conditions (typically a few months after a pause). As with … Continue reading →