15 hours ago
Both times markets absorbed move one without real damage. In 1999 the question was never the first hike — it was the five that came after. That is still the question.
1 day ago
Both hikes opened with the same 25 basis points, the same crowded carry trade, the same question: one-and-done or tightening cycle. In 1994 the damage wasn't the Fed's move — it was the leverage the move found.
2 days ago
Neither Volcker nor Warsh got to choose both — fight inflation and accept recession, or protect growth and let prices run.
3 days ago
A new chairman, oil-driven inflation, long bonds selling off, the S&P within 2% of all-time highs. September 1987 wrote this script word for word.
6 days ago
Brent at $105, both Gulf exit routes compromised, the Fed meets in four days — and August CPI prints this morning.
1 week ago
The last time the ECB raised rates into energy-driven inflation while the eurozone was already contracting, Paul Krugman named it 'The Mistake of 2008.' Christine Lagarde steps to a Berlin podium today to make the same call.
Same attacker, same target, same week-of-FOMC timing — and a Brent price already 47 percent higher than the morning Abqaiq burned.
Norway's $2.3 trillion fund proposes cutting its Treasury stake by a third. China at its lowest since 2008. Foreign holdings down $72 billion in a single month. The last time this moved this fast, a president held an emergency briefing at nine in the morning.
