◀ The Principal Blog

Posts tagged ‘global markets’

Short and Sharp: And so it begins



Almost nine years after beginning its balance sheet expansion, the Federal Reserve (Fed) has taken the first step toward unravelling this extraordinary crisis measure. Alongside this momentous (if understated) policy move, the Fed signalled that despite low inflation it still intends to raise…

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Short and Sharp: Resist the temptation to trade geopolitical risk



Last week’s escalating tensions surrounding North Korea immediately affected markets. Global equities fell almost 2%, bond yields fell, credit spreads widened meaningfully, and the U.S. dollar and gold strengthened as investors went into flight-to-quality mode. The VIX, a measure of the expected…

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