3rd August 2022
- Fed Pushes Back Against Pivot Idea, With Inflation Yet to Slow
Mester: price stability is top goal; Daly says it’s a ways off
Evans hopeful on smaller rate hikes; Bullard says no recession
https://blinks.bloomberg.com/news/stories/RG0ISPDWRGG4
- Treasuries Rally Gained Fuel From Traders Covering Short Bets
Positioning shift was a factor behind recent price action
Futures block trades have been prominent into recent squeeze
https://blinks.bloomberg.com/news/stories/RFZQ4UDWLU6B
- Pozsar Says L-Shaped Recession Is Needed to Conquer Inflation
Fed may have to hike to 5% or 6% as inflation now structural
Economic war has broken out and wars are inflationary: Poszar
https://blinks.bloomberg.com/news/stories/RFZH9YDWLU68
- Pelosi Vows US Won’t Abandon Taiwan in Face of Chinese Pressure
House speaker meets Taiwan President Tsai Ing-wen in Taipei
China announces military drills to protest high-level US visit
https://blinks.bloomberg.com/news/stories/RG0P39DWX2PU
CLICK HERE TO READ THE FULL ARTICLE
For more information please contact Rubrics Asset Management. info@rubricsam.com.