Chief Economist & Head of Credit Portfolio Management

Chief Economist for Intellectus.

Los Angeles

31 posts

Risk Free Subsidies

Markets faceoff a crucial week of central bank meetings with the Bank of Japan and the Federal Reserve on Wednesday. As recently doubts grew the BoJ could continue the course, Japanese interest rates rose sharply. When ECB President Draghi said a possible extension of quantitative easing not discussed, global rates experienced a “tantrum”. This phenomenon has become recurring since 2013 when the first “tantrum” appeared. Markets grapple how QE policies could formally end which explain why intere

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