Serial defaulter Argentina has issued a 100-year bond. Investors beware, says John Stepek. It’s the sort of thing you can only get away with at the top of the market.
Articles written by John Stepek
Investors have piled into Argentina’s latest dodgy debt issuance. But who would buy this stuff, asks John Stepek.
Economic basket-case and serial defaulter Argentina has issued a 100-year bond. But who on earth would buy it?
The oil price has fallen to around $45 a barrel. John Stepek examines the reasons behind the oil bear market, and asks how much further prices are likely to fall.
Qatar, one of the world’s richest nations and one of its biggest energy producers, is embroiled in a diplomatic spat with its neighbours. Here’s how it might affect you.
Amazon’s takeover of US grocery chain Whole Foods marks a change in direction from “disruption” to direct competition, says John Stepek. Here’s what it means for you.
There’s been a lot of movement from central banks this week. John Stepek looks at what s been going on and how it affects you.
Research has found that if a fund manager has a lot of their own money at stake, then they will focus on beating the market, rather than attracting new cash.
The Bank of England came close to raising interest rates yesterday. And, while many people think there’s little chance of it actually happening, it could be closer than you think.
In this topsy-turvy post-election world, all political assumptions made before 8 June have been consigned to the dustbin of history. It’s time for a rethink, writes John Stepek.