One way to look at low global inflation is as evidence of policy successes on the part of countries’ central banks — especially in Emerging Market (EM) countries, where inflation rates are often below their central bank (...)
Look outside the US, Goldilocks scenario doesn’t hold anymore; EM back on the buy list: take advantage of the Armageddon panic; The Damocles swords of 2018 are slowly being pulled back
While the UK and US contend with contentious political issues, the IMF has lowered its expectations for economic growth. The question is, “Where do we go from here?”
It currently feels like we are at a critical juncture for economies and markets. 2019 is likely to be one of elevated uncertainty and more volatility as investors grapple with the question of whether this is the final phase of the economic cycle. Markets will behave (...)
The difficult recomposition of the Executive Board of the ECB
On October 31, 2019, Mario Draghi’s term as President of the ECB will come to an end. Even though Mario Draghi’s personality has had a profound impact on the way the ECB communicates and therefore acts, it is important to point out that it is a small team within the ECB (...)