As inflation accelerates, workers may supply labor in the short term because of higher wages—leading to a decline in the unemployment rate; however, over the long haul, when workers are fully aware of the loss of their purchasing power in an inflationary environment, their willingness to supply...
A bear market occurs when the closing price has fallen 20% from its previous peak in an investable market. This bear market definition can apply to a global market, a single stock market, any other asset class (such as property, bonds, gold, or other commodities), or even a single shar...
The trade-off between slowing the economy to defeat inflation versus letting up on the brakes to protect the job market can be especially difficult in times when inflation is still hot and unemployment starting to pick up — astagflationary environmentthat consumers last endured during the 1970s ...
But 20 years ago, the concept of macro systemization, trading macro markets in that way, macro was the world of the big bets, big discretionary bets. So the idea of saying, look, we’re not going to take big discretionary bets but we’re going to have hundreds of small bets that ...
The inflation-linked ETF did awfully during the liquidity crunch that bottomed out 18-19 March, bringing home an equity-like-14.35% loss. Linkers are there to protect us from rampant inflation (think the stagflationary 1970s) but they’ve generally underperformed conventional gilts in deflationary...