Market downturns, like this one, are to be expected
It's been awhile since there's been a drop in the markets as sharp, broad and sudden as last week's.
It's been awhile since there's been a drop in the markets as sharp, broad and sudden as last week's.
Headlines about trade wars between the U.S. and other nations have been moving global financial markets this year.
The year 2017 was defined by a near-perfect goldilocks backdrop of steady global growth, modest inflation, and still-accommodative monetary policy, the combination of which helped fuel a broad-based rally in asset prices.
The relationship between interest rates, inflation and bond yields is complex and as economists we spend a lot of our time trying to make sense of all the moving parts.