making sense of the narrative
January 26, 2021
As US and other equity markets continue to hit new highs, we see increasing examples of Cognitive Dissonance emerging, notably in the response to the US Election. Historically this can lead to a sudden switch in the ‘narrative’ which can Read more…
September 20, 2019
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…