It must be great to be at the annual shindig at Davos every winter, mixing with the bigwigs of global finance and politics and receiving all their pearls of wisdom. Or not. Since I am rarely invited, I have the luxury of noting the prevailing
Tag: BOJ
My track record for getting major calls about right is pretty good. On 2 July, I asked: Is gold reaching a top here? And a few days later, gold made a high of $1375 and has traded down to $1320 since. That is a pretty
The world is changing- fast. The old certainties are being overturned at a hectic pace – and women are taking over. Here in the UK, we have only our second female prime minister in history (Maggie blazed the trail in the 1980s). And over in
Yesterday, I lashed into the BOJ for being a serial stimulation one-trick pony. I guess my post hit a nerve with Kuroda-san and overnight, he suddenly abandoned orders for more money printing presses and went back to sleep. Shock, horror. This morning, the yen was 3
With a growing amount of sovereign (and other) debt in negative yield territory, risks of holding long-term debt are magnifying. In normal times, the world of bonds was called “fixed income”. Investors would receive regular coupon payments until the bond expired. But now with negative
