At the dawn of a major real estate crisis
Nearly $175 billion in home loans are at risk of default. The rapid rise in interest rates and the end of easy money caused a...
India’s Debuts in the Green Bond Market
Authorities have promoted the issuance of 80 billion rupees ($984 million) to the country’s largest domestic asset managers, including state insurers, pension funds, and foreign...
The Balkans, New European Nightmare
The market seems to want to ignore all the risks likely to thwart its current optimism. Yet they are numerous, often blatant and systemic. One...
FED will continue raising interest rates
The minutes of the last FOMC meeting published this week did not bring any hope to the investors. Fed officials have indicated that interest rates...
A new world
After the shocks of 2022, a recession for large parts of the world in 2023 seems inevitable. More difficult is to assess the long-term impact...
The resilience of the US bond market
Admittedly, US debt lost almost 13% in 2022 as the Fed raised its target interest rate on overnight lending between banks seven times, from 0.25%...
2023: the perfect storm for the bond market?
Investors found few places to hide in 2022. Both major asset classes: stocks and bonds, fell significantly globally. But if analysts are correct, 2023 will...
A year in hell for the European bond
In 2022, bonds posted their worst performance in modern financial history. German and UK 10-year yields saw their most significant annual increases as sovereign bond...
A hawkish and arrogant ECB is frightening the European economy
Every increase in borrowing costs, including Thursday’s half-point move, advances Frankfurt officials’ fight against runaway inflation but also risks having a heavier economic impact. The...