Monthly Archives: May 2015

China Challenges World Order

What is the most serious challenge currently facing investors?  On a one-year view, there are several risks that spring to mind.  The US Federal Reserve could misjudge the withdrawal of monetary accommodation.  Global bond markets might, in any case, lose their upward impetus and, with yields so far below fundamentally justifiable levels, establish a powerful… Read more »

What is the most serious challenge currently facing investors?  On a one-year view, there are several risks that spring to mind.  The US Federal Reserve could misjudge the withdrawal of monetary accommodation.  Global bond markets might, in any case, lose their upward impetus and, with yields so far below fundamentally justifiable levels, establish a powerful… Read more »

Why Deflation is Unlikely

Financial markets are becoming aware that the US economy is stalling, so investors increasingly take the view that with demand likely to stagnate or even fall, prices for goods and services will soften. This is already threatening to be the situation in a number of other advanced nations, with negative interest rates to combat it becoming commonplace. For this… Read more »

Financial markets are becoming aware that the US economy is stalling, so investors increasingly take the view that with demand likely to stagnate or even fall, prices for goods and services will soften. This is already threatening to be the situation in a number of other advanced nations, with negative interest rates to combat it becoming commonplace. For this… Read more »