China’s capital conundrum: What does the falloff in foreign investment in China mean for Ireland and the global economy?
FDI flows towards China have weakened dramatically over the last 12 months, and they have now ground to a complete halt. Is the huge fall in China-bound FDI a reflection of globalisation going into reverse, or corporate de-risking?
Get ready for the steepening: We’re about to see how expensive things are going to become
The return of more normal supply and demand bond market dynamics means that long-end bond yields are set to rise. This has big implications for government financing costs and for interest rate sensitive equities.
The Eurozone is well fit for the challenges ahead and is in far better shape than many analysts believe
Despite headwinds from slowing growth, the Eurozone has arguably never been in better condition from a structural perspective. This is an unconventional view, but it is one that deserves more attention than it gets.
Michael McGrath is proposing the creation of a sovereign wealth fund. This is a model for how it should work – and invest
Awash with windfall corporate tax receipts, finance minister Michael McGrath recently presented a “scoping paper” on a future sovereign wealth fund to cabinet. From offshore markets to management fees, here are some suggestions for how it should operate.
Moving fast and breaking things: Why Silicon Valley Bank must go down as one of the worst-managed banks in history
The issue that I will be keeping my eye on over the coming weeks and months is whether we see continued liquidation of deposits from the banking system toward money market funds. If this continues at pace, then it will clearly lead to ongoing financial stability issues.