Swiss Economicblogs.org
Summary More than $10 trillion of government bonds now trade at negative yields. And another $10 trillion or so worth of U.S. stocks trade well above their long-term average valuations. And there’s more than $200 trillion of debt in the world. All of this sits on the Fed’s financial applecart. Does Janet Yellen dare upset it? Blame “Brexit” BALTIMORE – The U.S. stock market broke its losing streak on Thursday [and...
Read More »Janet Yellen’s $200-Trillion Debt Problem
