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

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