…Calmly observing the changing world

At the Riksbank, which now has a deposit rate of minus 0.25 per cent, the most vocal advocate of the policy is deputy governor Lars Svensson, a world-renowned expert on monetary policy theory and a close associate of Ben Bernanke, chairman of the US Federal Reserve, since they worked together at Princeton University. CNN (Financial [...]

The stock market is a rough place, as it proved to us again today. It’s almost enough to make you want to swear off the markets for good, and invest in something guaranteed to pay you a 3% return. A lot of investors felt that way as they pushed yields to what are truly ridiculous [...]