History shows us that markets move forward regardless of who wins US elections
Governments should consider lower rates for investment activities that drive innovation
Partisanship continues to pollute results of influential surveys of consumer and business sentiment
US central bank risks reviving inflation if it keeps lowering the federal funds rate in pursuit of a nirvana state
Non-investment grade public and private debt now offer prospective returns that are competitive with equities
Buying of the precious metal reflects rising interest in alternatives to the dollar-based financial system
Adoption of new settlement cycle has led to greater efficiency, increased liquidity and enhanced risk mitigation
Given the pile of maturing financing, 2025 and 2026 will prove challenging years for investors
Fiscal indiscipline looms as the biggest threat after central bank battles to slow rising prices
The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curve
Technology and self-sufficiency matter more than growth and profits
There are reasons to challenge the ‘they’re just better’ narrative used to justify overweight positions in American stocks
Many proposals coming from both political parties make little sense and would upend the principles of a fair and efficient system
Strong US jobs data is likely to add to other forces to keep the currency strong
Severe weather events are intensifying and so too are their economic impacts
Interest rate cuts should support a rise in spending in durable goods
Beijing should err on the side of acceptance rather than denial and make major efforts to avoid the mistakes of Japan
Big interest rate cut is yet another evolution in paradigm of liquidity dominance
Long-term debt and political concerns might lead to more volatility but this is outweighed by the unique financial status of the US
The number of low-price, highly speculative stocks on exchanges has exploded, harming investors
A trend long associated with equity investing is now playing out in the bond markets
The time is surely ripe for a rethink of some of the strictures governing the central lender
Deal is a textbook example of how not to create price tension in a capital markets offering
Innovations around EM indices are required with more thematic benchmarks
Apart from top earners, the spending of Generation Z and millennials is defying pressure elsewhere — helped by parental subsidies
