


Debt, Fiscal policy, Inflation, Interest rates, Monetary policy, Stock markets, Uncategorized
Five lessons from 2024

The US borrowing surge: Outpacing Europe for the foreseeable future

Euro bashing abounds, but remember that US growth is debt-fuelled

Debt, Fiscal policy, Interest rates
US debt and yields: What Harris and Trump aren’t telling you about their policies

Debt, Eurozone, Fiscal policy, Interest rates
C’est la vie: Bond vigilantes are back

Kudos to central banks

Inflation, Inflation expectations, Real interest rates
Markets think inflation will be too high for the next 20 years

Don’t rely (too much) on implied forward rates when predicting future interest rates
