Where’s the Off Switch?

In our latest piece we look at the ECB’s overkill and all manner of possible over-valuations at work in different markets around the world – the two not being entirely unconnected, the reader might note!

ECB: Mario’s lost OFF button

Germany: Wirklich kein Wirtschaftswunder

Just how old IS that US recovery?

VIX and stones may break my bones

Bonds: making widows & paying them mites.

China: Giving NO credit where credit’s due

Japan: Nick Leeson’s revenge—a dish served very cold indeed.

17-11-09 M4 No 8