Global investors seem thrilled at the prospect of Jair Bolsonaro taking over the Brazilian presidency. But the optimism looks wildly overdone.
Articles written by Marina Gerner
In 2008, US subprime mortgage loans triggered the financial crisis. Now, worried eyes are turning to record high corporate debt.
The world’s stockmarkets cheered the news that China and the US had called a ceasefire in their trade war. But we’ve been here before.
The small Gulf state of Qatar has left Opec, the oil producers cartel, saying it wants to concentrate on gas production.
Compared with US shares, European stocks haven’t been as cheap as they are now in a long time.
Since early October, the oil price has fallen by a third to a one-year low of around $60 a barrel. But plenty of people will benefit from that.
Until recently, stockmarket investors could count on a “Goldilocks” scenario: growth was robust enough to allay fears of a relapse into recession but weak enough to keep central banks pouring liquidity into the system. But not any more.
Things are looking up for the price of uranium. In mid-2018, the spot price stood at $23 per pound, roughly the same as two years ago. Now it is up by around a quarter.
The conglomerate is making little progress reducing a debt mountain that could destabilise the wider corporate bond market. Marina Gerner reports.
The tit-for-tat raising of trade barriers has started to be felt by consumers – but it’s not been all bad.