Yesterday, the European Central Bank expanded its QE program by one-third and cut bank deposit rates deeper into negative territory. How did the markets react?
Richard Duncan
Recent Posts by Richard Duncan
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
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