The oil price has spiked after drone strikes crippled some of Saudi Arabia’s vital oil production infrastructure. John Stepek looks at the effect on the global economy, and on the bond bubble in particular.
Articles written by John Stepek
No valuation measure can help you to time the market. But dividend yields are a good guide to future returns.
The “risk-off” move we saw over the past month or so has reversed. John Stepek looks at how that affects the charts that matter the most to the global economy.
Yesterday was Mario Draghi’s last chance to leave a lasting impression on eurozone monetary policy. And that seems to be just what he’s done. John Stepek looks at how it affects the markets.
Mario Draghi pulled out the biggest bazooka he could find in his second-last monetary policy meeting as boss of the European Central Bank. John Stepek explains what it means.
The UK’s turbulent political situation presents a dilemma for investors. British assets look cheap, but what happens if we get an extreme outcome? John Stepek looks at how bad things could get.
Markets expect European Central Bank boss Mario Draghi to deliver extra stimulus at his policy meeting today. But can he live up to their expectations? John Stepek weighs up his options and the likely outcomes.
The delay in listing Aramco, Saudi Arabia’s state-owned oil company, has led to the sacking of the country’s energy minister. John Stepek explains why that’s important for the global economy and for your money.
Mario Draghi’s policy of doing “whatever it takes” is credited with ending the eurozone’s economic panic in summer 2012. Now, Europe is facing the spectre of deflation. Can Draghi pull it off again?
The gap between yields on short and long-dated US bonds turned positive this week, after having briefly turned negative. John Stepek looks at how this affects the charts that matter most to the global economy.