Nickel and Diming about a quarter per cent: Why is the Fed talking in terms of number of rate increases and not levels, and should we care?

Behavioural Finance Economics

Wednesday’s triggering of Article 50 was a non-event in financial markets; an event more symbolic than anything else. Meanwhile in the US, two Fed officials were discussing their views on what could happen to US interest rates.

The Boston Reserve President said that four rate “hikes”… Read the article

There is no volatility paradox

From the Financial Times this month:

“The tranquillity of Wall Street’s ‘Fear Gauge’ continues to baffle investors, given the market uncertainty”

Financial commentators and journalists – who are just as prone to herding as investors themselves – have brought attention to the ‘volatility paradox,’ the apparent disconnect… Read the article