In the blink of an eye, the first quarter of 2024 draws to a close. In these first three months of the year, we have witnessed many different narratives, from the specter of inflation’s resurgence to the ominous predictions of a Chinese economic collapse and even whispers of a third world war: yet, as usual […]
In December, I stated that this year, all attention would be focused on rate cuts, particularly on their timing and magnitude. Well, thus far, this prediction has indeed materialized, with the FX market essentially mirroring the market’s anticipation of such cuts. Any and every data is interpreted as hawkish or dovish, and the price reaction […]
We find ourselves once again experiencing uneventful central bank meetings. This month, I followed live six different central banks (BoJ, BoC, Norges Bank, ECB, Fed, BoE, Riksbank), and to encapsulate the essence of all these meetings, the word is: unproductive. They conveyed no new information beyond what we were already aware of, asserting that they […]
As the year draws to a close, a profound sense of gratitude envelops me for the invaluable lessons learned and the remarkable individuals encountered along the way. Given that this Portfolio Update marks the culmination of 2023, I wish to take a moment to reflect on the events that transpired and share a few important […]
A brief analysis on the latest ECB meeting, and what to expect next.
A brief analysis on the latest Fed meeting, and what to expect next.
Earlier this month I decided to adopt a more focused approach for the remainder of the year, dedicating the last month and a half to enhance my knowledge and skills, rather than spending it trading. While I will continue to keep an eye on the markets, it’s very unlikely that I will take on any […]
In approaching history, it is common to focus exclusively on the technological advancements of civilizations and the great figures who made such progress possible. While there is nothing inherently wrong within those limits, what truly matters is recognizing, for each historical period, what ordinary people felt and thought. In fact, from history, we should be […]
The month started with renewed tensions between Israel and Palestine. And like last year when the conflict between Russia and Ukraine broke the news, everyone felt entitled to have an opinion and obliged to take sides. Let me emphasize this: there is never a justification for genocide, under any circumstances. Seeing pro-Israel activists publicly stating […]
A brief analysis on the latest ECB decision, and what to expect next.
