Looking Into The Jaws Of A Recession Or Worse?

This is our weekly market update where we start in the US, cross to Europe and Asia, and end in Australia, covering commodities and crypto along the way. Remembering that September and October typically are the worse months for equity markets, it was no surprise to see significant market volatility across the week, given the trends in oil prices higher, with Brent up 8.5% for the week, to 104.47, while LNG prices in Europe rose another 10.5% and 10-Year US Treasury Yields up to 4.972%, and knocking on that critical 5% level. Sounds inflationary. Yesterday I discussed in detail the recent […]