The theory of negative interest rates is straightforward, but the practice is not. What do negative rates mean for savers?
A brief note on the latest price action in equity markets, how business cycles end, and how markets are being left to fend for themselves without central bank intervention for the first time in 20 years.
What investors should consider
Pascal’s Wager argues that belief makes more sense than disbelief when the worst outcome is a total loss.
UK pension plans concerned about how to invest in a volatile, late cycle environment may want to consider two practices: continue effective rebalancing and don’t postpone further duration hedging in anticipation of rising rates.
An alternative risk premia strategy is itself more diversified than a diversified growth fund or an all-equity portfolio.
European Central Bank meeting: Quantitative easing is coming to an end but low rates likely to persist
Today the European Central Bank (ECB), at its final monetary policy meeting of the year, confirmed that it will cease net asset purchases at the end of this year, in line with its previous guidance.
Discover the latest reactions from global markets to the US China trade war. Tariff hikes and escalated tensions prove concerning for global expansion.
Bond yields remain at or near historic lows around the world, leading to a substantial increase in the value of pension plan liabilities.
For the first time in 20 years, markets will have to survive without support from central banks.