This week has been dominated by central banks, as the US Federal Reserve announced a 0.5% rate hike followed by the Bank of England confirming a 0.25% raise. Both announcements, though widely expected, sent markets into a frenzy – US equities rallied 3% on the merest...
This week we saw the first hint that the great reopening might not go as planned. Increasing spread of the delta variant of Covid-19 has cast doubt on whether the country will be able to fully unlock in June as planned. Additionally, much of Joe Biden’s ambitious...
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