It would be reasonable to think real estate investors might welcome the anticipation of financial markets that the Fed will pivot to cut rates later this year. Rising interest rates have been a leadin ...More
EJ Insight2023-04-28
Reacting to Silicon Valley Bank’s sudden collapse, André Esteves, a senior Brazilian banking executive, recently told Bloomberg that “SVB’s interest rate risk would’ve been obvious to any banking inte ...More
EJ Insight2023-04-06
The run on Silicon Valley Bank (SVB) – on which nearly half of all venture-backed tech start-ups in the United States depend – is in part a rerun of a familiar story, but it’s more than that. Once aga ...More
EJ Insight2023-03-15
As if conditions weren’t gloomy enough in the United Kingdom, the International Monetary Fund recently downgraded the country’s growth forecast even as it offered a brighter outlook for the rest of th ...More
EJ Insight2023-02-08
Despite favorable indices, it is too soon to tell whether inflation has been tamed. Nonetheless, two clear lessons have emerged from the recent price surge. First, economists’ standard models – especi ...More
EJ Insight2023-01-30
Although it has been almost a decade since I gave up a full-time job in finance, markets – and market oddities – still fascinate me, especially when they send signals that run against a widely held co ...More
EJ Insight2023-01-17
Alarmed at the slowing economy, fear of higher taxes on income and profits and the increasing dominance of the state sector, thousands of super-rich Chinese want to leave the country. A research repor ...More
EJ Insight2022-12-29
Alarmed at the slowing economy, fear of higher taxes on ...全文
今日信報時事評論EJ InsightMark O’Neill2022年12月29日
On the 40th anniversary of her accession to the throne, Queen Elizabeth II remarked that, “1992 is not a year on which I shall look back with undiluted pleasure. In the words of one of my more sympath ...More
EJ Insight2022-12-20
Central banks’ unwavering determination to increase interest rates is truly remarkable. In the name of taming inflation, they have deliberately set themselves on a path to cause a recession – or to wo ...More
EJ Insight2022-12-12
Two days after the midterm elections in the United States, the Financial Times reported that US inflation has slowed, markets are “giddy,” and the Federal Reserve may now ease up on its interest-rate ...More
EJ Insight2022-11-23
The 22nd World Cup is under way, but who at the beginning of this century would have thought it might be hosted by tiny Qatar? Yet here we are, and the only surprise is that it doesn’t feel all that s ...More
EJ Insight2022-11-22
My second favourite Billy Joel offering – save from the (in)famous ‘We Didn’t Start the Fire’ – is ‘Vienna’. The lyrics begin as such: Slow down you crazy childYou're so ambitious for a juvenile For a ...More
EJ Insight2022-10-28
Judging by the reporting from the Communist Party of China’s 20th National Congress, Xi Jinping, newly anointed to an unprecedented third term as president, is tightening his political grip and streng ...More
EJ Insight2022-10-25
Project Syndicate: In March, you wrote that higher inflation was “inevitable and therefore not regrettable,” because it was “a side effect and a consequence of the robust recovery,” which amounts to a ...More
EJ Insight2022-10-17
For a year now, I have argued that the increase in inflation would be persistent, that its causes include not only bad policies but also negative supply shocks, and that central banks’ attempt to figh ...More
EJ Insight2022-10-07
Walking down a Toronto street recently I saw an ad touting a fossil-fuel company’s net-zero credentials. But to see such belief-straining claims, I would not even need to leave my house. According to ...More
EJ Insight2022-09-27
