Robin Brooks
Coverage of Robin Brooks in the Nexus archive.
- The contrarian view for Fed rate cuts: Payrolls will weaken, inflation will plunge, and Kevin Warsh was ‘largely performative’ in his hawkishness
The article discusses a divided outlook on Federal Reserve rate decisions, with Wall Street expecting hikes but contrarians like Andrew Hollenhorst predicting cuts due to weakening economic indicators. Key factors include shifting oil markets, revised GDP data, and a cooling labor market, while Kevin Warsh’s recent hawkish remarks contrast with Hollenhorst’s dovish stance.
- Why isn’t oil more expensive?
Global oil prices remain relatively stable despite a major supply disruption, as factors like bypassing the Strait of Hormuz, reduced Chinese stockpiling, and strategic reserve use temper the market. Analysts warn that buffers may deplete by July, potentially pushing prices toward $150 per barrel if ceasefire talks fail.
- The Strait of Hormuz is opening for business
The Strait of Hormuz has reopened after a U.S.-Iran standoff, easing global energy supply concerns. The U.S. blockade against Iranian ships and Iran's declaration of open passage follow a ceasefire between Israel and Lebanon, reducing economic risks.