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Trading Desk: The New 15% Price of Admission

For months, global markets have been trying to read the tea leaves on trade policy. Now, it seems we have a clear signal. If you want to do business with the United States, the new price of admission is shaping up to be 15%. And

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Trading Desk: Wall Street Loves Powell

It’s one thing when the titans of banking come out in unison to defend the Federal Reserve’s independence, as we saw last week. It’s another thing entirely when the market itself gives you a real-time, second-by-second readout of its anxiety. The recent flurry of headlines

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