Recent Posts

Japan, Europe start the central bank reset

This is going to be an exciting year for monetary policy. In fact, it already is, thanks to Europe and Japan. Investors were taken aback last week when the Bank of Japan bought fewer bonds and the European Central Bank revealed — shock, horror — its language would have to evolve with the euro region’s economy. Both developments, and the ...

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Apple needs to admit it still has a labour problem

For all the talk of cleaning up its supply chain, too many stories keep popping up about poor working conditions and excessive overtime. Every year at around this time, Apple makes a song and dance about how much it cares for workers and the environment. Fans point out that Cupertino is doing far more than most others in the industry, ...

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ECB seen closer to signalling QE end as hawks gain sway

Bloomberg Economists brought forward their estimate of when the European Central Bank will set an end-date for its bond-buying program, amid signs that more optimistic views on inflation might be gaining sway among policy makers. While no action is expected at the Governing Council meeting on January 25, almost half of respondents in a Bloomberg survey predicted the ECB will ...

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