Happy New Year '25
2024 was a year of new records and high volatility for markets worldwide.
Tom J. Espel
Quiet Christmas
Quiet markets during the holiday season. Acting South Korean President was impeached.
Christmas Fed Cut
The Federal Reserve cut its main interest rate by 25 basis points. BoJ and BoE remain on hold.
New Stimulus in China
Loose monetary policy was announced in China for 2025. South Korean President Yoon was impeached.
K-Drama
A surprise promulgation of martial law in Korea plunged the country into turmoil.
Neighbour Tariffs
US President-Elect Trump announced plans for tariffs for both Canada and Mexico.