Turkey: A harbinger of a global debt crisis?
The economic crisis brewing in Turkey seems to have surprised… Read More »Turkey: A harbinger of a global debt crisis?
The economic crisis brewing in Turkey seems to have surprised… Read More »Turkey: A harbinger of a global debt crisis?
The world economy is hurtling towards a global crisis. The… Read More »Q-Review 2/2018: Duck and Cover!
We’ve been warning on the risks of so called unorthodox central bank policies, including zero and negative interest rates and asset buying programs, for several years (see, e.g. this, this and this). Now, the era of global quantitative tightening, enacted by the Federal Reserve, will bring an end to the “global synchronized growth”.
Several economic indicators have turned to the south at the… Read More »Zombies and the end of the ‘global synchronized recovery’
The sudden and fast rise in the London Interbank Offered… Read More »Central bank, my Libor’s keeper?
Since early February, the financial markets have been wobbly. After the deep plunge (worst point-wise fall) of the Dow Jones in February 5, the stock markets have recovered but the market volatility has remained elevated. Many have blamed the rising…
Uncertainty is creeping back in the asset markets. In the… Read More »The ghost of 1987
Stock markets are hovering near all-time highs, valuation levels of… Read More »Is the US economy about to tank?
During the first weeks of the 2018, the asset markets… Read More »The world economy is set to fall