What a difference a year makes! And why should the calendar matter so much, if at all? Many investors began 2019 with their performance in shreds, bracing for the worst. They...
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What a difference a year makes! And why should the calendar matter so much, if at all? Many investors began 2019 with their performance in shreds, bracing for the worst. They...
It’s hard to know if debt refinancing at today’s rates is a gross distortion of reality or the shape of things to come Are interest rate cycles a thing of the past? Have we...
More likely those yield falls are just an anticipation that policy-makers will cave in and cut interest rates US political adviser James Carville is reputed to have said: “I used...
Christopher Cole of Artemis Capital Management in Texas, published a research article in July entitled, What is water in the markets?, which has resonated powerfully with the...
At our recent Economic Perspectives breakfast seminar, ‘Who saves the world from 2020 peril?’, I identified three bear scenarios for the global economy and financial markets....
With the benefit of hindsight, we have come to understand the true importance of China’s strategic policy interventions in 2009 and 2015. China’s reflationary actions had a...