Markets in search of direction is usually a time when patience is warranted. To be sure, January 2022 was a tough month for risky assets. Risk premium was wiped from technology stocks at a breath taking pace. For one thing, from the rubble new leaders and new risks emerge. The challenge now is balancing the […]
Why the Bank of Canada did not raise interest rates today? A question hotly debated. To summarize the current narrative, investors believe global Central Banks are behind the curve fighting inflation. Meaning, the time to fight inflation is now not later in March. The inflation hawks were disappointed today, as market probability suggested a 70% […]
