Let’s say you want to keep some of your money outside of the banking system. And there are plenty of good reasons to do that. In a world where more and more finance, investing and day-to-day transactions are conducted digitally, we would do well to be concerned about the security of our money. In a …
There is a move by governments to move all financial transactions to the digital world. The first step in that direction is to ban cash. More specifically, to ban high denomination banknotes. To that end, the European Central Bank is talking about phasing out the 500 euro note. And former US Treasury Secretary, Larry Summers, …
2016 has gotten off to a rocky start. Global equity markets are on shaky ground, triggered by chaos and huge declines in the Chinese markets. The “war factor” is hitting the red zone, with ongoing conflicts in Syria and Iraq, and some nasty and potentially very dangerous posturing between Iran and Saudi Arabia. Not to …
Whether you are talking about commodities, stocks, bonds or anything else you care to invest in, their prices are impacted by narrative. And by narrative, I mean the stories people tell. For example, without the bold, upbeat and optimistic narratives coming out of the world’s central banks right now, the state of the global economy …
