On Friday, Ben Bernanke will discuss the prospects for the US economy at the Federal Reserve Bank of Kansas City’s annual economic symposium in Jackson Hole. The Fed Chairman used the 2010 symposium...

The yield on US Treasury Inflation Protected Securities (TIPS) is close to zero for bonds maturing in ten years’ time and negative for those with a shorter remaining life. This presumably reflects a...

The cost of insuring against a default by the German government for five years has nearly doubled since early July and now exceeds the cost of insuring against a default by the UK government for the...

In the wake of recent revisions to our end-2011 forecasts for developed market (DM) equities and bonds (see our Global Markets Updates, “How much further could the US stock market fall?” and...