So, now we know. The Fed really means it when they say they want to crash the economy to kill inflation. But I have one little question: They have a long history of being behind the curve of moving on policy rates and thus they
Tag: FED
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
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
