US political churn muddies corporate horizon: Mike Dolan
Corporate planners must have a headache as the U.S. political pendulum swings at its fastest rate since World War Two and the related policy churn may act as a drag on
Corporate planners must have a headache as the U.S. political pendulum swings at its fastest rate since World War Two and the related policy churn may act as a drag on
Often the scariest thing in markets is a rout without a trigger. People are still unsure about the precise cause of the October 1987 crash, for example.
Corporate credit markets shrugged off last week's equity wobble, setting aside any anxiety about the wider economy, allowing even low-rated firms to raise new debt with
Catch the cresting wave?
The Federal Reserve may be a bit late cutting interest rates, but it's not yet behind the curve in forestalling a U.S. recession.
What looks like a financial market in disarray may instead just be normalization that will ultimately help insulate investment portfolios rather than sending them to
And just like that... it was gone.
If Japan's government is thinking ahead, it may be planning to rein in its errant yen rather than propping it up.
While there has been a lot of talk about the West's strategic decoupling from China's sputtering economy, Europe's direct trade links with Beijing have actually been
The market's best guess is the European Central Bank won't step on the accelerator over the coming cycle - which is either way off beam or extremely worrying.
The stark divide between the performance of the U.S. manufacturing sector and the more dominant services sector is giving stock markets a headache at a critical moment.
If steep interest rate hikes failed to slow the U.S. economy much in recent years, it is reasonable to ask whether their reversal will prove as toothless in a downturn.
The Bank of England may sit out this month's interest rate cutting bonanza, but Thursday's meeting will still be meaningful, as it will throw a spotlight on the BoE's
Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is surging on the prospect.
Even as U.S. markets reasonably bask in "soft-landing" hopes - a fresh downturn in Europe's biggest economy raises more serious questions on the eastern side of the
The fashionable idea that the world economy has arrived in a new more inflationary regime post-pandemic may ring hollow in Switzerland - one small vignette questioning
If you think Federal Reserve interest rate cuts could overly spur an already briskly growing U.S. economy, consider the other side of the equation: the income drag.
Sudden ebbs and flows of inflation without equivalent hits to economic output may be a feature of a post-pandemic world of fragile supply chains - potentially requiring
The dollar just had its best week in two years, showing once again how dangerous it can be to bet against the U.S. currency if the rest of the world just won't let it
The Federal Reserve's road ahead appeared crystal clear in September, but the picture is far foggier than many thought and the past and future impact of immigration on
If markets are correct, inflation-adjusted European Central Bank interest rates could be back negative by the middle of next year - and a return to zero policy rates
A flood of money was expected to cascade from U.S. cash funds to riskier assets as interest rates began to tumble.
Britain's pivotal tax, borrow and invest budget has elevated the Bank of England's interest rate horizon but sterling has hesitated and reversed - suggesting some
If inflation is as politically toxic as this week's resounding U.S. election result suggests, the presumed impact of his economic policy proposals should make
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