The Mysterious Madness Called QE Quantitative Easing (“money printing”). Investors love it. It’s an avalanche of liquidity that drives up the value of interest-sensitive investments. Everybody gets richer. Or so it seems. But the mere hint that the US...
April is the month when stock markets usually fall out of bed, starting major corrections that last sometimes till just July, other times dragging on into the foothills of Christmas. There’s good reason to think the same will happen this year. Wall Street has been in...
The US Federal Reserve’s policy of buying debt instruments with money it’s creating out of thin air – currently at the extraordinary rate of more than a trillion dollars’ worth every year – is the right thing to do, because it doesn’t add to the net amount of US debt...
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...
Japan’s central bank is under pressure from the newly-elected government to step up its easy-money policies. At the European Central Bank, president Mario Draghi has charted his way to unlimited freedom to create money to anaesthetize the pains of the Eurozone...
