In Strasbourg, our guy had a moment. EU politicians swarmed Mark Carney as he entered the legislature. Backslaps. Handshakes. Selfies. Like he was Harry Styles. Or Cristiano Ronaldo. But, no. Just a ...
As the price of oil bolted another 4% higher today, the odds of a rate hike in the States soared to 90.3%. In other words, it’s happening. If the Fed blinked, Mr. Market would react. The bond guys ...
Poor newbie homebuyers in the US are facing mortgage rates that may hit 7% this week. That’s a withering three hundred basis points more than here. Inflation is higher, and rising. They’re at war.