ConvergenceCredit CycleEconomic GrowthinflationJapanMonetary Policy
The A-b-e Of Economics
And the world said “Let Shinzo Abe be”, and all was light. A new craze is sweeping the planet. Known by the title “Abenomics” over the last couple of years it has been steadily gathering adepts in financial markets across the globe. Despite the fact Abe’s move fits comfortably within the austerity vs growth policy ... Read more
Credit CycleEconomic GrowthEuroEuropean PeripheryMonetary Policy
The Massendowngrade Effect
Well, that was the week that was, wasn’t it? It started with a cheerful, upbeat market response to both the impact of the ECB’s 3 year LTRO and the growing impression that Hungary was going to make some sort of “one-off” deal with the IMF, and ended near the depths of despair as S&P’s announced the downgrade ... Read more