Rates


The Fed's Second Consecutive Monetary Policy Mistake

Published by Laurent Maurel | Sep 20, 2022
Views 8601

The Fed's first mistake was to miss the start of inflation. We may now be witnessing the second mistake: in trying to create a useful recession to fight inflation, the US central bank is ignoring the unprecedented and irreversible impoverishment that the sudden rise in rates threatens to create.

Read article


Bond Market Illiquidity Creates Systemic Credit Risk

Published by Laurent Maurel | Sep 14, 2022
Views 5742

The bond issue risks complicating the liquidity of the US Treasury market.The risk is that they will lose their status as a reserve asset, which would create a systemic risk. The confidence in the value of US debt is at stake. In this perspective, the purchase of physical gold becomes very important...

Read article






We put safety at the core of our business