Good morning. The stock market rebounded strongly yesterday after unemployment claims came in lower than expected. Unhedged expects the positive trend to continue until the next piece of economic data appears. At which point everything will be different. Email us with your mindless overreactions: robert.armstrong@ft.com and aiden.reiter@ft.com.
Join Rob and other FT experts from London to Tokyo as they break down the recent trading turmoil in a subscriber-only webinar next Wednesday. Register here for free.Friday interview: Barry Eichengreen
Barry Eichengreen, professor of economics and political science at the University of California Berkeley, is the pre-eminent expert on the dollar and its role in the global economy. He spoke to Unhedged this week, covering the Federal Reserve, the dollar, reserve currencies, crypto and much more.
Unhedged: The market has gone a little crazy this week. Given the massive shocks of recent years, how accurately can we analyse this economy?