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...
Don’t cry for Argentina…yet
It’s officially over. After six months of campaigning and election surprises, Javier Milei has been elected in a surprising run-off. The President-Elect, a self-proclaimed anarcho-capitalist, has been an outspoken critic of public spending, export taxes, and regulations, vowing to privatise many state-owned enterprises. However, his lack of political support from...
