For the first time in 20 years, markets will have to survive without support from central banks.
The theory of negative interest rates is straightforward, but the practice is not. What do negative rates mean for savers?
In this year���s Holiday Eye on the Market, Michael records a note to his spouse on her father, the 2020 US Presidential election, and what might be the widest ideological divide in 100 years.
Markets are increasingly nervous about the impact of the trade war on US corporate earnings and business investment.
Michael went on a search for Democratic Socialism in the real world, and ended up halfway around the globe from where he began.
Michael recaps the self-inflicted wounds of the Section 301 tariffs, and recaps his meetings in DC with a group of Congressmen to discuss debt, deficits and financial markets.
Michael discusses US-China trade war in context, the outlook for prescription drug price legislation, and an updated ideological scorecard for 2020 Presidential candidates.
After a volatile December driven by concerns of rising rates, peak economic and earnings growth, and geopolitical tensions, markets have bounced back.