Why every good party must come to an end. It makes no sense. If prices are going up because of some exogenous sequence of events, then...

Why markets may not break but the song remains the same. The last two years essentially never happened. That’s what most European equity...

Why nobody knows where it goes when it comes to quantitative easing. The study of economics basically comes down to supply and demand....

What are the big takeaways from a very strange year in the markets? It has been more than a year now that COVID-19 has taken over the...

Why simple economics makes everything so easy to understand. Economics is defined as the social science that studies how people interact...

Why good things come to those that wait. When looking at long dated government bonds, I am reminded of that most infamous soundbite from...

Why the credit markets are akin to an over grilled vegetable. We were able to go out for dinner with the whole family the other week. The...

Why central banks are doing what they must, and we should all be happy. The Federal Reserve gets a lot of criticism from seemingly...

Why we must borrow when the giving is this good. It seems like a lifetime ago when we could put our money into the bank and earn 5%....

Why it is time to move on from buying government bonds. The yield on long term government debt in the US (and many other countries) used...

Why negative interest rates may be as bad as they seem. It’s the biggest elephant in the room ever, and it seems everyone has just...

More than $14 trillion of government bonds now have negative yields. That’s equivalent to one quarter of the entire global investment...

We had a bit of wobble in the US stock market last week and it is worthwhile putting that into perspective. First of all, this has been...

Thank you to Mr P for suggesting this week’s topic as we explore what is happening in consumer credit. To our avid readers, please do...

The yield curve is a most amazing construct. It beautifully illustrates where risk is priced when it comes to credit. The longer you tie...

The hunt for yield amid stubbornly low interest rates is arguably the most pressing problem facing High Net Worth Individuals today....

In a world of low interest rates, the temptation is high to lock up your money for an extended period of time and get rewarded for giving...

It has been nine years since the financial crisis and interest rates in the developed world continue to be at record lows. For the...