Latest News
Bumper US non-farm payrolls in May confirm Fed rate cuts are off the table
Job gains were twice what was expected in May and unemployment rate was unchanged
The dollar’s decline is overstated — but still real
The most reliable measure of dollar dominance is probably the loans and other dollar obligations created outside US
Cash earnings rebound supports a Bank of Japan June rate rise
Cash earnings growth in April was the highest since the end of 2024
The European Central Bank can raise rates in a gradually weakening economy
Inflationary concerns are currently outweighing those of economic weakness
FirstFT: SpaceX lines up retail investors for record IPO allocation
Also in today’s newsletter: Mythos at NSA and PwC partner payouts
Ireland’s Phil Hogan eyes European return with bid for top UN food job
Also in this newsletter: Denmark eyes closer EU bonds
Whitepapers / Articles
A View from the Bridge - April 2026
“Never forget where you’re coming from” is the chorus line to a Take That hit from 1995 and much of yesterday’s policy decision and press conference was metaphorically sung in that vein.
PegasusCapital - 01/05/2026
