Switzerland is well known around the world for its high prices, with a Big Mac or a Starbucks latte costing over USD 6 each. The Swiss National Bank (SNB) itself describes the Swiss franc as “highly valued”, but it is less clear to us that the currency is
Mario Draghi reacted to the increased economic risks to the economic outlook with a bold package of monetary easing measures.
An update from the front lines of the Trade War, with a focus on implications for investors.
Themes and implications from the Global Fixed Income, Currency & Commodities Investment Quarterly
As no-deal risk subsides, UK interest rates should move higher
The food fight between the President and the Fed Chair could result in too much easing, and the expansion of valuations beyond sustainable levels. The other food fight: leveraged loan issuers vs buyers. Issuers are winning this fight hands down due.
The times when investors were able to enjoy a quiet summer seem to be over. August was a volatile month for financial markets, with the VIX averaging 19, compared to 13 in July.
The theory of negative interest rates is straightforward, but the practice is not. What do negative rates mean for savers?