Rising wage settlements and the falling Yen may have finally forced the Bank of Japan to reverse its negative interest rate policy, if recent media leaks ahead of its March meeting are to be believed. Behind this however, is the inexorable pressure to fund structural deficit spending when previous debt monetisations are cascading through into […]
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Amongst the plethora of distractions, many may have missed the truly seismic events over the last weeks of September. No, I don’t mean the rumblings under the Baltic and interdiction of Germany’s last hope for a warm winter, albeit this won’t help, but the answer to the big question that has overshadowed markets since central […]
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