Over 2014 there has been a steady decline in the yield on German government bonds. As a result bunds have outperformed other developed markets. This outperformance could have been driven by two factors: The rising liquidity premium – the premium investors are willing...
Multi-asset strategies essential as volatility continues, say Barings – Barings’ annual study of best and worst performing asset classes shows sharp swings in performance – While European equities top the 2012 list, the class was one of the worst...
German companies now have to pay almost three times as much for electricity as their American competitors, according to a Siemens study. One reason is that there’s no supply in Europe of cheap shale gas. Another is the cost of huge subsidies given to producers of...
Most advisers say it’s crazy to invest in bonds. But then they would, wouldn’t they? Nearly all of them, and their clients, missed out on what has been one of the greatest bull markets in history for this asset class. According to BCA Research, since September 1981...
The FT explains how European Central president Mario Draghi has lured Germany into a trap which makes it virtually impossible for that nation to stop financing the Eurozone no matter how profligate it continues to be. The “Club Med Bank” (as I dubbed it last year when...
