It seems like we’re back where we were at the beginning of the year, with most asset classes looking rich. In these times some investors are tempted to expand their …
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In recent years, the lobby group for directors of large companies has been increasingly whingeing about various avenues for company directors to be held accountable. It’s a bizarre position; highly …
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In June 2017 Argentina sold US$2.75 billion of 100 year bonds and I wrote then that “Argentina is unlikely to get through a decade without defaulting let alone 100 years” …
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When an economic crisis arrives, there’s often two key economic arguments that play out. First, how much government stimulus should occur to replace the reduced business and consumer spending? Second, …
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At the onset of the Covid-19 crisis, governments of all political persuasions in many countries enacted moratoriums on tenant evictions. The superficial narrative used to justify this is that poor …
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When most people think about debt markets their first though is boring government bonds and investment grade bonds, which in the current environment will deliver a return less than inflation …
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