View: Fed’s Powell cheers markets but risks a mistake

View: Fed’s Powell cheers markets but risks a mistake

By Mohamed A. El-Erian Federal Reserve Chair Jerome Powell’s speech Friday at the annual Jackson Hole forum was consistent with his very gradual and highly measured approach to policy changes – an approach that financial markets love as it implies a longer period of very loose liquidity that fuels ever higher asset prices. The real … Read more

Brave New World: Corporate bond spreads continue to support higher equity markets

Brave New World: Corporate bond spreads continue to support higher equity markets

Ritesh Jain Global Macro Investor & One of Top 3 Global LinkedIn Influencers on Economy and Finance, Mumbai He is a trend watcher, Global Macro investor and Blogger at worldoutofwhack.com. He has over 20 years of experience in financial markets, bonds, equities, gold, and derivatives. He muses about global macro investment opportunities, economics, business, and … Read more

Coronavirus, Hurting Jobs and Loans, Has Indians Selling the Family Gold

Coronavirus, Hurting Jobs and Loans, Has Indians Selling the Family Gold

NEW DELHI—Investors across the globe are hoarding gold in the Covid-19 pandemic. In normally gold-obsessed India, there’s a glut, as struggling families stop buying and start hocking jewelry. International investors have lifted the price of gold to all-time highs this year, trying to get their hands on more gold coins, bars and exchange-traded funds. Many … Read more