02 Feb 2018
Leading the industry in money fund news.
Please find attached the January 2018 edition of the IGM Monthly Interest Rate Outlook.
In general, central banks are either already tightening policy or veering this way. The aim is not necessarily to dampen inflation, but keep the status quo. There simply is not the need for the volume of economic liquidity currently in the system. How the financial markets react is uncertain given the uncharted waters of a global balance sheet shrinkage.
IGM FX and Rates
31 Jan 2017
Between the inevitabilities of death and taxes one would like to hope there’s room for a comfortable, perhaps a long, retirement. Alas, the data on that possibility is rather depressing for an awful lot of Americans.