It’s a statement of the obvious that savers have been badly hit by the ultra-low interest rates that have been the norm since the financial crisis.
Banking & Finance
The most important thing here is choice.
The Wirecard story highlights once again the utility of short sellers.
While interest rates at the moment are not exactly providing savers with a bonanza, negative rates are likely to push savers into riskier investments,
The political appeal is an economic drawback.
Effectively, investors subsidize underperforming fund managers to the tune of $7 billion a year.
Small business is in bad shape, but is improving rapidly.
As the stock market rallied in April and May, there was a great deal of handwringing about the apparent disconnect between financial markets and the real economy.
Germany’s Constitutional Court (BVG) challenged the way that the European Central Bank (ECB) has been running the PSPP asset-purchase program.
The leveraged-loan market received good news in a recent case when a judge threw out a suit seeking to classify syndicated loans as “securities”.