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Sunday, 27 September 2026

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Stocks Adjust to a ‘New Normal’ for 10-Year Treasury Rates

The relation between stocks and bonds indicates whether supply or demand shocks dominate the risks to economic activity. After two decades of concerns primarily about changes in demand, the stock-bond correlation recent…

A Hike Like No Other

With 38 kilometres of new track through previously inaccessible outback, along with hotel-quality overnight stays, this Australian trek is like no other.

K-Shaped Economy: Reality or Media-Driven Perception?

We hate to drone on about a Fed rate hike, but we want to stress the risks in the Fed’s 25bps hike, as it is unlike any other hike we have seen in over thirty years. Let’s contrast it with every Fed hiking cycle since 1…

UK retail sales rebound in August as department stores recover

UK retail sales volumes rose 0.5% mom in August, reversing July’s unrevised 0.5% decline and beating expectations for a 0.3% contraction. Annual growth accelerated from a downwardly revised 1.2% to 2.4%, above the 1.9% …

The Fed Hikes: 7 Key FAQs on Rates and What Comes Next

The government reported that, in August, the CPI was up 3.4% from a year earlier, which was the same level as July. The annual rate of inflation has exceeded 3.3% every month since the Middle East conflict began—a level…

Early Bowie music available to stream for first time

Ten years ago Alec Palao was casually flicking through a collection of old records when he noticed some faint pencil markings that were enough to draw a gasp. "Davie Jones," it read.