us treasury | The Property Chronicle

The spike in three month LIBOR is bad news for borrowers

by Matein Khalid | Jan 22, 2018 | The Macro View

I had projected a bloodbath in the US Treasury bond market since late 2016, when it was obvious that Trump’s tax reform would double the US budget deficit at the same time as the Federal Reserve prepared to ‘normalize’ or shrink its balance sheet by $470...

Beware the unannounced interest rate increase

by Peter Warburton | Aug 30, 2017 | The Economist

Central banks do not set interest rates. To be specific, central banks in large western democracies with open capital markets and flexible exchange rates do not set interest rates, other than for overnight money. That’s right! If policymakers went on strike – as...

The Trump White House and US stock market risk

by Matein Khalid | Aug 22, 2017 | The Macro View

Trump’s post Charlottesville remarks, the Barcelona terrorist attacks and Cisco’s results unnerved the US stock market bulls last week. Friday was a surreal moment in the history of Wall Street. It was entirely rational for traders on the New York Stock Exchange floor...