Late last year, McKinsey & Company released a report that took a closer look at “the distributional affects and risks” of quantitative easing (QE) and low interest rates. In other words, who was affected by QE and low rates and how? (more…)
European Shares Track Falls In Asia and US
Stock markets across Europe have opened lower, following sharp falls in Asia and on Wall Street.
Investors have been rattled by weak factory data from both the US and China – the world’s two biggest economies. (more…)
Innovation is one of those things. It’s hard to fully describe, but it can be awfully important to countries and economies.
In recent years, there have been some remarkable innovations, such as car sharing and some less remarkable ones, such as airline baggage fees and the detachable dog sack (which allowed Fido to ride in a cloth carrier attached to the outside of the car).
The second quarter offered a level of drama often found in homes with teenagers.
When investors realised their good friend, quantitative easing, might have an earlier-than-expected curfew in the US, they threw a hissy fit that resounded through global markets. The outburst interrupted the trajectory of FTSE and the Standard & Poor’s 500 Index, which finished June lower after hitting highs in May. As stocks fell, yields on the benchmark 10-year government bonds hit a high.
