Recent Posts

$3tr bond beast runs the show in Europe

It’s been a surprisingly good year for Europe’s government bond markets. Yields are down across the board even though the European Central Bank (ECB) is no longer adding to its 2.7 trillion euro ($3 trillion) bond stockpile. The central bank might not be adding to its holdings, but it’s still maintaining them at that vast level and that has a ...

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How Brexit consumed a British Prime Minister

Prime Minister Theresa May was popular once. That may be hard to remember as she steps down in two weeks’ time, but it’s true. Just three years before her own political party forced her to step aside, she was hailed by politicians and citizens as the wisest choice to lead the UK’s separation from the European Union (EU). Then came ...

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Huawei gets kicked in the teeth by the British

When it comes to 5G-enabled smartphones, Britain is a pretty decent bellwether: It’s one of just five countries currently rolling out the new mobile standard. So the decision by BT Group Plc, the UK’s former national carrier, not to offer 5G handsets made by Huawei Technologies Co. augurs badly for the beleaguered Chinese telecoms firm’s consumer aspirations. The mobile operator ...

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