Recent Commentaries
Rethinking the pace of a return to neutral rates
On Monday morning at 9am EST I am going to host a zoom call focused on the speed with which the Fed is likely to return to a neutral policy stance. A quickened pace post the election is likely to have important implications for equity, currency, credit, and commodity...
From the vault: 24-Feb-2011
I thought this very concise commentary below from over 13 years ago would be a nice way to kick off September. The Fed put structure has been a critical feature in my writing since first starting at Jefferies nearly 15 years ago. The put has come a long way, through...
The case for a rapid return to a neutral rate structure
As a good Greek, I tried my best to disengage from work during the month of August and rest up before hitting the road on an unusually aggressive fall travel schedule. That said, in the early part of the month, I felt obliged to write a quick note from the beaches of...