Market Thinking

making sense of the narrative


Category: Bond and Credit Markets

Risk Parity and the Gig Economy both under threat

There is nothing so bad that politics can’t make it worse Thomas Sowell When the virus scare began we noted that there would be two important components to calling the bottom from a market perspective; first that the rate of Read more…

What are Bonds for?

The Fed cut rates again this week as expected, moving policy making even further away from economic models – as previously noted, the so called Taylor Rule that formalises all the high frequency data the bond economists obsess over would Read more…