Category Archives:

economics

Seven scary charts – happy Halloween!

It’s that time of year again.  US elections?  No – something even scarier.  This Halloween, we’ve found no shortage of spooky charts.  Here are our top seven, showing some of the most frightening spectres lurking below the surface of financial markets… don’t read them before bedtime.

One of the scariest aspects this year is the huge disconnect between asset prices and macro fundamental…

Read the article

European Central Bank has one item left in its toolkit: dual rates

A version of this article originally appeared in the Financial Times last week.

There is a widespread assumption that the European Central Bank — like other major central banks — has reached the limits of monetary policy, and that the best we can hope for with Christine Lagarde’s reign is political astuteness in cajoling reluctant politicians to embrace a fiscal stimulus.

This is n…

Read the article