by alex@integrityam.co.za | Oct 3, 2024 | News
A “Wile E. Coyote” moment Last week the US Federal Reserve (“Fed”) cut rates by 50 bps, and market participants cheered in response. In fact, the market’s reaction was similar to January 2001 and September 2007, months that marked the start of two of the largest...
by alex@integrityam.co.za | Sep 3, 2024 | News
Strictly speaking, the Sahm rule was not triggered Last month global news was awash with headlines declaring that the Sahm rule had been triggered and that a US recession was upon us. Strictly speaking, the unemployment rate did not increase enough to trigger the Sahm...