BY FERNANDO DE FRUTOS, CFA, PhD  |  30 AUGUST 2022 Powell’s long-awaited speech at the Jackson Hole symposium followed the expected script. In the intricate dance between central banks and financial markets, no news is, in a sense, news Equity markets responded to the Fed’s renewed inflation-fighting resolve with a big sell-off. Such a reaction … Continued

FERNANDO DE FRUTOS, CFA, PhD  |  24 MAY 2022       After a decade characterized by low interest rates and subdued Inflation, both the Fed and a good part of the investment community have been resisting for almost a year to accept the new post-pandemic reality. In recent weeks however, it seems that we … Continued