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Something for your Espresso is the Daily morning research letter from Steno Research. Occasional morning letters for the US based audience is also send out under the name Good Morning America

Something for your Espresso: Melt UP!

Something for your Espresso: Wen recession?

The US economy is accelerating, and various indicators have clearly bottomed out already. The question is if prices will accelerate alongside the rebound in activity and whether the rates market is still wrong.

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Something for your Espresso: Melt UP!

Something for your Espresso: March or April?

Markets are betting on an April cut from the ECB, but the January HICP may lead to a larger repricing of the March probabilities as well. Meanwhile, the US economy appears to be in a temporary goldilocks phase.

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Something for your Espresso: Melt UP!

Something for your Espresso: Inflation or not?

Inflation evidence based on price trends in January remains soft in Europe, but the danger from freight rates looms large. Will the ECB choose the half glass full or empty approach on Thursday?

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Something for your Espresso: Melt UP!