In economics and investing, some concepts have become indistinguishable from articles of faith.
If new disinflationary pressures are left unaccounted for, inflation, holding all else equal, will remain subdued, and the pace of rising rates will be slower than was expected by either the market or the Fed.
Let's stop saying "negative interest rates" and come up with a new word for a new phenomenon.
Deflation is a thing, but what does it mean?
At the recent CFA Institute India Investment Conference in Mumbai, attendees were presented with two very different perspectives on quantitative easing.
Today’s most shared: Euro QE on tap? … Heroic central bank efforts fail to stoke inflation, squash deflation risk… Investors run for the exit from bond funds, may run into liquidity problems… Reactions to Bloomberg… READ MORE ›
Today’s most shared: Germany pushes back on criticism of economic policies… Specter of deflation haunts Europe… Oracle shareholders vote overwhelmingly against Ellison’s compensation package… Libor unreformed despite scandal… After long superior record, Harvard endowment’s 5-year… READ MORE ›
Today’s most shared: Activist Icahn targets Apple… Possible Madoff penalty for JPMorgan… Bank settlements and lack of criminal liability… Lawyers battle over footnotes, commas as banks look for ways to sidestep new regs… SEC proposes crowdfunding regs.
Are you among the masses of investors who have either lost money or underperformed by putting faith in Japanese equities?
Since the end of 1990, the TOPIX Index has annualized a whopping –1.96% through August 2013 in yen terms, trapping… READ MORE ›
Daniel Kim, CFA, discusses how you should interpret all of the glamour and hype over the Japan’s current economic rebound and high aspirations of political reform.