rate cuts Tag

The CNY is on the Move Again & Could Be Good for Gold

27 Apr, by Steven Vannelli, CFA in Economy, Markets

With inflation receding in the US, the Chinese Yuan (CNY) has been depreciating. At peak US inflation, the CNY got down to 6.35, while it has risen to 6.92 in the last year. Inflation getting back to 2% would seem to be consistent with a...

Fed Repriced Out of Action

13 Mar, by Steven Vannelli, CFA in Economy, Markets, News

We just experienced the fastest bank run in history with the closure of Silicon Valley Bank. Apparently over 40% of the company’s deposits fled last Thursday and early Friday before closure. To put this is context, when Continental Illinois—at the time, the largest ever bank...