Structural Analysis: Monetary Expectations and Asset Class Dispersion Date: Monday, December 1, 2025 I. Monetary Policy and Global Interbank Dynamics The Federal Reserve's observed stance remains within the established range, with the Fed Funds Rate Effective  registering 3.88%  as of the reporting date, denoting a minor +2 basis point (bps) appreciation  over the prior month [5]. This stability contrasts with the persistent forward pricing of an imminent easing cycle across

Structural Liquidity and Asset De-risking Date:  Monday, November 24, 2025 I. Global Liquidity and Interbank Funding Rates The current environment continues to reflect significant fragmentation in the cost of credit across key global jurisdictions, juxtaposed with forward expectations of monetary easing in the US. Benchmark Index Current Rate Date of Fix Jurisdiction Source Fed Funds Rate Effective 3.88% 24-Nov-25 United States [5] 1M Term SOFR 3.954% 24-Nov-25 United States

WEEK OF OCTOBER 20, 2025 A Decelerating Global Rate Cycle Meets UAE's Exceptional Liquidity The global financial landscape this week reaffirms the bifurcation of capital flows , with policy-sensitive Western markets embedding aggressive rate cuts while commodity-backed regional economies maintain superior liquidity and lending stability. The fundamental thesis of the 2025 de-rate cycle  continues to unfold, providing a sustained tailwind for asset valuations and structured de

Tue Sept 30, 2025 Joshua Hawley Washington lunacy continues as the US Federal government shutdown looms, with apparently the real...

Joshua Hawley September 23rd, 2025 Market Overview U.S. equity markets saw solid performance. The S&P 500  gained 4.4% over the last...

August 25th, 2025 Joshua Hawley Market Overview U.S. equity markets advanced for the week beginning August 25, 2025. The S&P 500 saw a...

Joshua Hawley CEO August 11th, 2025 Market Overview Markets rallied at the close of last week, with technology stocks leading the way,...

July 7, 2025 Joshua Hawley Global Market Summary Global equities extend gains into July, with the S&P 500  reaching record highs (+5.5%...

Week of June 30, 2025 Joshua Hawley Global Market Summary Global markets advanced into the second half of the year buoyed by easing...

June 23, 2025 Global Market Overview Equities : The S&P 500  ticked higher, while tech-led strength lifted the Nasdaq . Volatility...

Joshua Hawley, CEO Date:  June 9, 2025 Sources:  Walker & Dunlop, Bloomberg Global Macro Overview: Caution in the Cycle The macro...