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Reflections From The Middle Seat: An Allocators Journey To Private Capital Advisory

Reflections From The Middle Seat: An Allocators Journey To Private Capital Advisory

I left the limited partner (“LP”) seat in April 2022 to join the Private Capital Advisory (“PCA”) team at Raymond James (“RJ”) and have received the questions below weekly since from both LPs and General Partners (“GPs”):PexelsWhy’d you do it? How is the dark side? Are you crazy? Do you miss it?The timing of my […]
USDJPY Jumps Above 150 Following The BoJ’s Interest Rate Decision

USDJPY Jumps Above 150 Following The BoJ’s Interest Rate Decision

USDJPY is currently trading at 150.086, hovering near a key support level of 149.934.While three key moving averages (21,50 & 100-period SMAs) underscore a bullish momentum, momentum indicators may suggest a more cautious outlook.The price is currently trading above the 21-period, 50-period, and 100-period moving averages, indicating an upward trend.The key support level is located […]
Bank Of Japan Pivot Proves Underwhelming For Markets

Bank Of Japan Pivot Proves Underwhelming For Markets

Image Source: Pexels  The Bank of Japan has now ended decades of unconventional and aggressive monetary easing. Strong wage negotiation results played a crucial role in today’s move. The market’s immediate reaction was rather disappointing as the BoJ pledged to maintain accommodative monetary conditions.  Summary of the BoJ’s new monetary policy framework The BoJ will restore the uncollateralised overnight call rate […]
Stocks: Another Failed Breakout, More Uncertainty Ahead Of The Fed

Stocks: Another Failed Breakout, More Uncertainty Ahead Of The Fed

Image Source: Unsplash  The S&P 500 continues sideways, awaiting direction from tomorrow’s FOMC Rate Decision.On Friday, the S&P 500 lost almost 0.7%, and yesterday, it gained 0.63%. The market basically continued to trade within a two-week-long consolidation below the previous Friday’s new record high of 5,189.26, and above the support level of around 5,100.The question remains: […]
Political Tensions Rise In Bulgaria As Country Waits For Euro Green Light

Political Tensions Rise In Bulgaria As Country Waits For Euro Green Light

Bulgaria is set for decent growth in 2024. It’s due to adopt the euro next year, but political and inflationary concerns remain and it’s still waiting for a final decision to become part of the eurozone club.PexelsAt the time of writing, we are still unsure whether there’ll be an imminent snap election in Bulgaria. Our […]
Nasdaq 100 Forecast: Rally Signals Strength

Nasdaq 100 Forecast: Rally Signals Strength

Short term pullbacks will find plenty of support near the 50 day EMA and then again at the 16,950 level. The NASDAQ 100 rallied early during the trading session on Monday as it looks like traders are coming back with more of a risk on attitude this week. It all started in Asia with Asian indices […]
Elliott Wave Technical Analysis: Silver

Elliott Wave Technical Analysis: Silver

Image Source: Pixabay  Silver Elliott Wave Analysis- ‘Buy the Dip’ to continue the rally?Silver Elliott Wave Analysis Function – Counter-trend Mode – Impulse Structure – Impulse Position – Wave 3 of (A) Direction – Wave 4 of (A)Details – Wave 4 dip is ongoing. Expected to be shallow probably toward 24.5 before resuming higher for wave 5 of (A).In slightly over […]
Japanese Yen Commentary – Tuesday, March 19

Japanese Yen Commentary – Tuesday, March 19

BOJ Hikes RatesThe Japanese Yen is collapsing lower this morning despite the BOJ making the historic move overnight to tighten rates for the first time since 2007. Having lifted rates to between 0% and 0.1%, the BOJ has unwound the last central bank negative rates monetary policy regime and has also ended its Yield Curve […]
JPMorgan Forecasts A Gold Price Of $2,500

JPMorgan Forecasts A Gold Price Of $2,500

In a January 2024 publication, JPMorgan unveiled its outlook for the gold price. The world’s leading bank, with a market capitalization of over $500 billion, stated that “a cutting cycle is expected to be positive for bullion and supportive of a rally in prices in the second half of 2024”. As gold settles at all-time […]
Fed Meeting Tomorrow: What To Expect

Fed Meeting Tomorrow: What To Expect

Image Source: DepositPhotosThe eyes of the finance world are on the United States, as the Fed meets today and tomorrow to discuss decisions on interest rates at their policy meeting on March 19th and 20th.This week’s FOMC meeting, followed by a press conference by chair Jerome Powell tomorrow afternoon, promises to be especially significant.For the first […]