The Boy Who Cried Wolf
The boy who cried wolf is a popular story in the financial markets world. It’s a story that’s stood the test of time – having its origins in ancient Greece as one of Aesop’s Fables.
More New Year Observations
The new year is well underway now. So far, the year is tracking much the same as the previous year ended with many of the trends continuing.
Eye on the Tail
It’s mid-November which means we’re starting to see the 2024 predictions trickle out. It’s an amusing and humbling tradition where all “sell-side” analyst teams are obliged to offer up their thoughts on the year ahead.
Whats working?
Early morning on the 3rd of October I did my brief scan of overnight market action. With a modest degree of amazement, I saw the following summary of U.S. markets:
Midyear Stocktake JUL 23
It’s that time of year again where we look at markets and see where we are and what happened last Financial Year. Of course, July means the peak of the summer in the U.S.
Lessons Learned
As expected, the Federal Reserve chose to increase official rates by a further 0.75% at their July meeting. This follows on from last meeting’s 0.75% and is the fourth consecutive rate hike.
