I’m Positive Rates Will Be Negative

If ever you wanted concrete evidence negative rates are coming, here you have it… The aim of negative rates is to discourage savings and encourage spending. In theory, this will get that CPI needle moving…

Eyeballs Deep in Political Risk

Investors in emerging markets know all about political risk. If the mining company you invest in owns an asset that gets nationalised by the government (nationalised is a fancy way of staying stolen), that’s political…

The Rum Rebellion