Read the entire article here.
- We have seen the best out of Eurozone earnings, and it was poor.
- Cost of capital and risk from emerging markets is underestimated.
- Dividend yield provides no support when most is paid with higher debt or scrip dividend.
Central Bankers are like Pyromaniac Firefighters (Business Insider)
Read the entire interview here.
- Central bankers are like “pyromaniac firefighters” creating crisis after crisis, hedge fund manager and economist Daniel Lacalle told BI.
- The 2008 financial crisis happened because of central bank policies, Lacalle said, adding that the next crisis is already being created and could be worse.
- Central bank policies have been a “lottery” for investors but have pushed the rest of the population further into debt, the economist said.
Continue reading Central Bankers are like Pyromaniac Firefighters (Business Insider)
China-US Trade Agreement Shows Why Trade Wars Are So Unlikely (BBC Interview)
BBC World Service. Listen to the interview in the link here.
Continue reading China-US Trade Agreement Shows Why Trade Wars Are So Unlikely (BBC Interview)
Italy, the ESB and Europe’s Populist Fantasyland
The populist coalition in Italy has presented an “economic” program and a threat to the European Union that makes Greece look like a walk in the park. Continue reading Italy, the ESB and Europe’s Populist Fantasyland