Greater fool theory
“Mr Draghi announced this week that the ECB would not buy bonds yielding less than minus 0.2 percent..” – Ralph Atkins for the Financial…
New high! (Zzz.)
“The FTSE 100 has at last topped the record it set at the close of 1999. Should Britons celebrate ? Probably not.” – John…
A matter of trust
“Popping down to #guardiancoffee later on to order a ‘Toynbee’: short, rich and intensely bitter.” – Tweet from Robbie Collin (chief film critic, The…
“A more serious disaster later on..”
“Another day, another central bank failure. In a world of currencies backed only by confidence, every failure is masqueraded as success. Like the ballet…
Asset managers or asset gatherers?
“The Bank of England paid nearly £3m of taxpayers’ money for a report on whether any of its staff knew about or were involved…
Puppets pushing on a string
“I don’t think there is a problem that this will fix. I think it will just continue to compress yields into negative territory. If…
Money worries
“I hold all idea of regulating the currency to be an absurdity; the very terms of regulating the currency and managing the currency I…
Beyond satire
“Je ne suis pas Charlie. I am not Charlie, I am not brave enough. “Across the world, and certainly across Twitter, people are showing…
An odd, non-linear world
“Sir, John Authers, in Loser’s Game (The Big Read, December 22), could have delved deeply into the flaws in the asset management business as…