Hawkish Powell Sparked More Volatility

Key Points

Despite Omicron, Powell made hawkish comments on accelerating tapering process, sparking new rounds of volatility

Encouraging underlying trend beneath the surface of the disappointing headline reading of the November employment report

Credit valuation corrected to some extent, and hedging activity has reached an all-time high in Europe, leaving some breathing room in case of further volatility; high carry and low duration products remain the favorite spot to add following recent selloff

Read the Article.

Reader Interactions

Get in touch

Type
SCHIPFE 2 CH-8001 ZÜRICH SWITZERLAND
ASSET MANAGEMENT: +41 43 888 45 60
WEALTH MANAGEMENT/ PRIVATE MARKETS: +41 43 888 60 60

Copyright Cape Capital © 2022. All rights reserved