How much longer can the Fed’s preventive economic stimulus hold off the next recession?
[I]t’s the president of the United States who, with his quickly-changing trade policy, is making a major contribution to the uncertainty in the global economy.
In this context of uncertainty, individuals and corporations are advised to act with extreme caution, above all in borrowing.
The largest pension fund in the U.S., CalPERS, is planning to invest in the ruble.
The world has become addicted to unconventional measures and low rates. But like all drugs, the latter can have harmful side effects.
This investors’ craze for the United States would therefore seem logical. However, before rushing off to Wall Street, it is necessary to ask two questions.