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

The Illusion of Stability: Policy Rates, Credit Expansion, and the Fiat Mirage The market's persistent reliance on centrally planned monetary accommodation has driven forward rates into territory that is structurally misaligned with the economic reality of credit risk and inflationary pressure. The current environment is a predictable consequence of discretionary monetary intervention, creating a financial landscape defined by artificially low capital costs  and signaling the

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

For the week beginning October 6, 2025 , markets experienced strong growth in global equities, supported by continued market consensus...

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...

Joshua Hawley Sept 15, 2025 For the week beginning September 15, 2025, markets experienced a rally in equities, while sovereign bond...

September 2, 2025 Joshua Hawley Equity markets continue to show strength with major U.S. indices climbing, while fixed income markets and...

Week of July 21, 2025 Market Overview Global markets continue to price in a more accommodative monetary environment heading into Q4 2025....

Week of July 14, 2025 Joshua Hawley Macroeconomic Overview Markets continued to reflect cautious optimism as the Federal Reserve’s...

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

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

Date:  June 2, 2025 Fed Funds Futures & Policy Outlook Markets are increasingly pricing in multiple rate cuts across the upcoming FOMC...

May 19, 2025 IGA Capital Finance Brokers, Joshua Hawley, CEO Macroeconomic Overview Markets remain highly sensitive to the Federal...

Joshua Hawley, CEO, IGA Capital Macroeconomic Overview Markets are entering mid-May with renewed clarity on interest rate trajectories...

Week of May 5, 2025 Overview As global markets continue to reprice interest rate expectations and investors digest central bank signals,...

Week of April 28, 2025 Economic and Market Overview As we enter the final week of April, markets are increasingly pricing in an...

April 21, 2025 Macroeconomic Overview The economic landscape remains centered on Federal Reserve policy expectations , with markets...

April 14, 2025 Market Overview Markets remain volatile as investors navigate evolving interest rate expectations, persistent inflationary...