Bloomberg Another rotation to value has been snuffed out. Bets that the market’s winners will keep winning and that quickly-expanding firms will outperform are once again trouncing a market-neutral portfolio that effectively buys inexpensive stocks and shorts pricier ones. The US momentum and growth factors are at multi-year highs relative to value after lagging for a small stretch in mid-September. ...

Bloomberg The money laundering scandal engulfing Danske Bank A/S has Denmark’s political establishment on edge. After living through the crisis of 2008, and the populist wave that followed, some of Denmark’s most prominent political figures say it’s now imperative that voters aren’t left with the same sense of indignation that they felt roughly a decade ago. Morten Ostergaard, the leader ...

Bloomberg The era of zero interest rates in the world’s major eco-nomies ended with the Federal Reserve’s decision to raise borrowing costs last week. The average interest rate in developed economies weighted for output passed 1 percent for the first time since 2009, according to JPMorgan Chase & Co. A similar gauge for the Group-of-10 economies compiled by Natwest Markets ...