Interest rates are surging higher American interest rates hit All-Time Lows in August 2020. Short rates stayed close to zero for the next fifteen months…
Victor Adair26 March 2022
The inevitable consequences of soaring commodity prices In last week's Notes, I wrote: "There are always unexpected consequences. Somewhere in the world, there is a…
Victor Adair12 March 2022
Existential stress is causing extreme capital flows The Euro plunged ~5% against the USD and ~6% against the Swiss Franc since February 10th. It is…
Victor Adair5 March 2022
The Russian Blitzkrieg invasion of Ukraine initiated DRAMATIC surges and reversals across markets The S+P plunged to a 9-month low early Thursday morning (down ~15%…
Victor Adair26 February 2022
Interest rates have steadied after surging higher since November The Dec 2022 Eurodollar futures contract closed red for 11 consecutive weeks but finally closed green…
Victor Adair19 February 2022
Interest rates rocket higher Interest rates have been climbing steadily since early December but rocketed higher this week on the one-two punch of surging CPI…
Victor Adair12 February 2022
Interest rates surge higher everywhere Christine Lagarde surprised markets Thursday by opening the door to higher interest rates this year from the ECB. On Friday,…
Victor Adair5 February 2022