Having taken a two-week break to sunnier climes, I am back at my desk wondering if anything happened while I was away. Apparently, not much – except stock markets topped of course. But being on holiday did not mean I missed the turn! Oh, no.
Tag: ECB
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
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
