Now that Powell’s last meeting as FOMC chair will be behind us, the market must start looking forward to Warsh’s leadership. This Scouting the Tape is focused on what I am seeing as a major problem boiling to the surface. Bonds-R-F’d. This...

21 days ago

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Scouting the Tape - Apr 24, 2026

This week’s issue is focused on global FX and bond markets. It is often said that if you get the dollar right, you will get a lot of other things right. I think that will hold true over the coming months and this part of the market is not g...

25 days ago

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