
Martin Baccardax
London Bureau Chief at The Street
London Bureau Chief, TheStreet; Ex-ante antediluvian. Editor: Olsen's Standard Book of British Birds (expurgated version)
Articles
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1 week ago |
barrons.com | Martin Baccardax
Global markets were back on bond auction watch this week as the U.S. Treasury looked to sell another $183 billion in coupon-paying paper, days after the House of Representatives approved legislation that would greatly increase the national debt.
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1 week ago |
barrons.com | Martin Baccardax
Financial markets have evolved quickly over the past decade into what is now, effectively, a daily referendum on the state of the world.
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1 week ago |
barrons.com | Martin Baccardax
Corporate America is littered with the logos of former giants, from Sears to Blockbuster Video, highlighting the fact that dominance, while powerful, isn’t permanent. The U.S. dollar, the world’s reserve currency for the past sixty years, could potentially face a similar historic challenge.
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1 week ago |
barrons.com | Martin Baccardax
U.S. stocks were powering higher Tuesday as investors looked to rescue their hard-won gains over the final trading days of the month amid optimism that two key concerns are finally getting addressed from officials around the world.
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1 week ago |
barrons.com | Martin Baccardax
Global markets are back on bond auction watch this week as the U.S. Treasury looks to sell another $183 billion in coupon-paying paper, days after the House of Representatives approved legislation that would greatly increase the national debt.
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Sudden change of heart from ironic moron who’s been trashing Powell (in the face of mountains of evidence) for the past four years? Please. Go away.

This may be totally ridiculous to even contemplate given current sentiment & backdrop, but what if this is setting up as major monthly bull flag on the dollar? Totally unconfirmed at this stage, but hey. $DXY https://t.co/JtaN1178El

"Markets hate uncertainty" ...

From the @FT: “Wall Street’s biggest banks reaped almost $37bn in trading revenues in the first quarter of the year — their best performance in more than a decade.” This is a reminder that, as the intermediaries with the ability to widen bid-offer spreads, these banks often

ITALIAN PREMIER GIORGIA MELONI WILL HEAD TO THE US TO NEGOTIATE TARIFF RELIEF DIRECTLY WITH US PRESIDENT DONALD TRUMP - BLOOMBERG NEWS That should be news to Maroš Šefčovič, the EU trade chief, given that Meloni isn't authorized to negotiate anything.