Interest rates are the policy tool of choice for Central Bankers. And until the Great Financial Crisis, they were almost the only tool investors paid any attention to. This was how Paul Volcker, then chairman of the US Federal Reserve, whipped inflation out of the US economy from the early 1980’s. Setting interest rate policyContinue reading “The End of Interest Rates”
Category Archives: Corporate Bonds
What investors are buying now
Investors ran for cover in March, as financial markets swooned in the face of the oncoming pandemic, and in some areas we saw significant selling of investment funds. As markets bounced back in April and May, we saw a full reversal of those investor outflows. The ebb and flow of economic and public health data haveContinue reading “What investors are buying now”
House!
Are we looking at the wrong things in our financial market outlooks? If you’ve ever had the misfortune to play soccer at really, really low levels, say pub soccer or summer league, there may have been occasions when just as you’re setting up and steadying yourself to take that elegantly curved shot that will skimContinue reading “House!”
Tradewinds 