Biggest correction in 2024 signalling US recession has started?
Markets have just suffered their biggest correction in 2024, with the S&P 500 falling over 9% from its peak and the tech heavy Nasdaq off over 13%. Asian markets sparked the equity route with an unwind in the Yen carry trade. The Yen Carry Trade Unwind The Yen carry trade is a financial strategy where […]
Downgrades, rising yields and inflation
As the Federal Reserve prepares for its annual symposium from Aug. 24-26 in Jackson Hole, Wyoming, markets are trying to come to grips with the latest move higher in yields post the Federal Open Market Committee (FOMC) and the recent U.S debt downgrade which has seen long end yield rise and a resurgence of the […]
