07/25/2022
Low-cost finance and a ‘you only live once’ attitude behind 19% rise in the likes of Ferraris, Lamborghinis and Maseratis, say market analysts
07/25/2022
With trillions of government debt around the world having recently traded on a negative yield, and with deposit rates still at zero or negative across the euro zone, the “new normal” increasingly feels like a 1930s-style
07/22/2022
The European Central Bank raises rates by more than expected, while also unveiling the new anti-fragmentation tool, just in time as Italian political risk returns.
07/22/2022
Signs of market strain – notably widening spreads between German and Italian sovereign debt – had already triggered an emergency ECB meeting in June, and a new ‘anti-fragmentation’ tool was announced on 21 July.
07/20/2022
Inflation is a concern for companies, so too recession. Indeed, the last time managements were talking this much about recession - they were in one.
07/19/2022
The bailout of AIG was actually a bailout of the rest of Wall Street, as the company became a vessel through which public funds were used to make AIG’s powerful counterparties whole, thereby stemming the financial crisis.
07/15/2022
With the global population expected to increase to 10bn by 2050, 2bn more than today, these pressures risk worsening.