October 7, 2016
Global debt has reached unprecedented levels. While interest rates stay low, the problem is perhaps not that worrying. But if – or, rather, when – rates rise, high debt levels increase risks that could derail the global economic recovery. Continue…
Posted in Global markets.
September 30, 2016
According to the IMF, “Among the globally systemically important banks, Deutsche Bank (DB) appears to be the most important net contributor to systemic risk”. So the news engulfing Deutsche Bank is a big concern for global markets – or at least it should be. Continue…