It is now a virtual certainty that the Federal Reserve will cut interest rates at the end of this month. And liquidity-addicted markets do love easy money.
The Munich Security Conference is where the Atlantic Alliance usually likes to show a united front – but not this time.
The Green New Deal proposed by a group of US politicians would be expensive and unworkable, says Matthew Partridge.
American consumers may have paid off some debt after the financial crisis, but the state and corporations went on a binge – total US non-financial corporate debt has hit a record of more than 46% of GDP.
Jerome Powell went out of his way to placate liquidity-addicted markets last week. But if the US economy bounces back, the Fed may find itself having to raise rates – and very quickly too.
Bet on Japanese corporate-governance reform and healthy small US banks, says David Stevenson.
Donald Trump agreed to halt the 35-day US government shutdown.
To the delight of investors, Jerome Powell has finally capitulated and embraced the “Greenspan put”. That could mean a stockmarket melt-up, says John Stepek – and full steam ahead to the next crisis.
Both Donald Trump and Xi Jinping want to strike a deal in the US-China trade wars says John Redwood. But they both need to claim a victory.
The flood of cheap and printed money that has boosted equity markets for a decade is receding.
Fears are growing that leveraged loans – a high-risk section of the corporate debt market – could cause a subprime mortgage-style meltdown. Marina Gerner reports.