What explains the recent surge in the S&P 500 index? We asked CFA Institute Financial NewsBrief readers what they thought was responsible for the strong performance.
“Radical monetary policy begets more radical policy,” says James Grant. “It seems to me at some point markets or voters will put a stop to this.”
During the global financial crisis, excessive debt was the principal disease. It also turned out to be the principal cure. Whether it was called quantitative easing (QE) or something else, it all meant the same thing: increased debt — both in absolute terms and relative to GDP.
By the time you read this, we should know if the European finance ministers reached a deal Thursday to address the Greece situation. Either way, most believe that the "Greek tragedy" is unlikely to have a happy ending. And this situation bears watching because the end game will have significant implications for Greece, Europe, and the rest of the world.
The documentary film Money for Nothing: Inside the Federal Reserve is a critical evaluation of the policies pursued by the US Federal Reserve over the years. Released in the United States in 2013 and set amid the context of the global financial crisis, it explores what has become a rather familiar paradox: more debt is both the problem and the solution in pursuing economic growth.
In another perfectly normal week, the Fed decided to end its QE program and BOJ to expand their version of QE. Who is right and who is wrong? And why? We combed through the web to find some answers for you.
Central banks are printing rules almost as fast as they're printing money. The consequences of that could be large, as could the consequences of printing money.
We asked CFA Institute NewsBrief readers to comment on whether they believe central banks will be able to reduce their involvement in markets and let economies operate on their own.
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