Until recently, negative interest rates were considered inconceivable. Now, however, $7 trillion worth of bonds are trading at negative yields. That means the owners of
Richard Duncan
Recent Posts by Richard Duncan
Last week Citi made headlines by publishing a report claiming the global economy is trapped in a “Death Spiral”. The timing of the report was
Liquidity in the United States turned negative in the fourth quarter of 2015. I believe this played an important role in the severe stock market
In the new Macro Watch video uploaded today, I describe how my 30-year career in the investment industry has shaped my views on what drives
Between 1952 and 2008, every time US credit growth (adjusted for inflation) fell below 2%, the United States went into recession. During that period, the