Week in Review 3/16/20 – 3/20/20

Markets find support as initial panic subsides. Most countries have plans of actions, central banks have committed to easing and virus testing is ramping up. Expectations that number of cases will continue to rise baked in. Potential for further declines in equities exist and bond spreads remain high, especially if second wave of contagion occurs … Read more

GBPUSD Macro Review 12/06/19

Pound rises in anticipation of a Conservative majority forming on December 12th. Dollar had been down recently due to renewed trade war concerns, but rebounded on Friday labor numbers. Price of gold looks to test 137 levels again. Short-term Treasuries dip while Gilts see gains. We continue to see divergence on the longer term yields … Read more