The BEA released U.S. GDP (third and final estimate) for Q3 2015: The growth rate reached 2% – 0.1 pp higher than market expectations. In the second estimate the GDP growth rate was 2.1%. And in Q2, the GDP grew…
In this episode of Market Movers in the week of Christmas we provide a rebroadcast of the show in which we analyzed 4 problems and 4 solutions that Varoufakis presented in Barcelona. You are welcome to listen, subscribe, provide feedback and pledge support on Patreon. Yanis Varoufakis…
The Fed finally raised its cash rate by 0.25 basis points to a range of 0.25-0.5%. The reaction in was quite subdue and perhaps even a bit underwhelming as market were prepared for this decision. The U.S. dollar still rallied…
The historic (finally we can retire this characteristic) and expected rate hike decision by the FOMC was finally made last week. The market’s reaction seemed a bit of an anticlimax, given the ample preparation the Fed made before raising rates.…
In this concise episode we have one topic on the agenda, but quite an important one: the historic Fed hike. We dive into the details of the move and what’s next. You are welcome to listen, subscribe, provide feedback and pledge…
The recent meeting by the FOMC ended, no much surprise there, with the historic rate hike. But because the FOMC has been preparing us for the hike for such a long time, the reaction in the market was quiet subdue…