• November 8, 2024

Powell's Mixed Message Remains Dovish

The Fed cut the federal funds rate (FFR) by 25bps yesterday as widely expected. We expected it as well, though we still believe that the now 75bps cut in the FFR since September 18 is too much, too...

Is a 5% Drop in Markets on the Way?
  • November 7, 2024

Is a 5% Drop in Markets on the Way?

Currently, the European and American indices are approaching all-time highs. Right now, the chances of the market losing 5% are much higher than the reverse. One of the main drivers of the rise in...