A BRICS Alternative to SWIFT?

Published on September 10, 2024

The BRICS Pay initiative aims to better integrate currencies for trade and facilitate cross-border transactions among its members.

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The Case for Bold Fed Rate Cuts

September 10, 2024
Last week’s big day in the markets and for the economy was on Friday. I characterized the jobs report as being weakish—not disastrous but certainly not strong. The payroll report came in a bit short of expectations with weak lowered revisions to past reports, and although the unemployment rate adjustment was expected, the U-6 unemployment rate, a broader measure of labor underutilization, continue

Emphasize Consistency to Navigate Volatility

September 10, 2024
An analysis of the leadership reversal and market sell-off observed in recent weeks and why an emphasis on equities with consistent fundamentals is justified.