Chart of the week: The great rebalancing
Government bonds have long enjoyed a special place in investors’ portfolios. Often seen as a cornerstone of stability, their appeal as a safe haven is rarely questioned.
Unfortunately, this is not the end of the carry trade
The Bank of Japan unexpectedly raised interest rates, and for those who did expect it, the increase was larger than expected. And so “all hell broke loose”.
Luxembourg labyrinth: Daisy Mae’s quest to launch a fund
Daisy Mae faces a complex journey launching a railway investment fund in Luxembourg amidst regulatory challenges and tight deadlines.
Time to question the central bank herd mentality
Central bank analysis rarely goes beyond predicting the timing of the next interest rate step and the total number of interest rate steps that will be implemented over a given period, writes Jeroen Blokland.
JD Vance as the new power player
Trump’s pick of James David Vance, better known as J.D. Vance, as vice-presidential candidate markets a firm shift.
Schade Deutschland, alles ist vorbei
Columnist Jeroen Blokland takes a look at persistently declining industrial production in Germany.
The vanished housing market
House prices in Europe are soaring to historic highs, but supply isn’t meeting demand, creating a critical housing market crisis.
Ferrytales
It is high time for asset managers to reassess their private equity allocations, argues Jeroen Blokland.
Inimitable ECB
Data-dependent, that was perhaps the word we heard most often from the president of the European Central Bank (ECB) in recent months.
Will debt sink the American empire?
With the United States facing another daunting budget deficit of seven percent of GDP this year, such alarming depictions of debt are proliferating.