الوسم: Debt
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This time it’s not different. S&P500 10,000 and gilded debt.
There’s fear in the credit and public debt markets but for me, personally, looking at the deep end of the long-dated treasuries and public debt notes in Europe, there are good bargains to be found. We have come a long way ever since Jay Powell said “We are not thinking of thinking of raising rates”,…
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Pouring oil on the fire
Here’s some basic economics 101. The reason why central banks increase interest rates during an inflationary environment is to reduce the money supply and decrease demand. In a recessionary environment, the central bank would be expected to reduce interest rates so as to increase the money supply and increase economic activity to push employment and…