Liquidity is still plentiful
• Despite all concerns, which have persisted since late May 2023, the level of liquidity in the US banking system is still around the highest level it has ever been, even during all of the quantitative easing (QE pre-2020), and is still two times more than during the repo...
NIRP it in the bud
A Negative (NIRP) - or Zero (ZIRP) - interest rate policy works best when the private sector is running a deficit. Low interest rates then provide borrowing relief and may cushion the strain on households’ and corporations’ balance sheets (especially if financial assets also rise as a result). However, when...
2024: Where should investors look in the ‘Year of the Vote’?
Over half of the world will vote next year, expect a lot of dispersion and investment opportunities. While everyone is focused on the 2024 US Presidential Election, and rightfully so due to Trump still being a leading contender (and political polarisation in the US at quite elevated levels), we are...
