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Bond markets have been dominated by talk of a liquidity drought. Isaac Chang, global head of fixed income at KCG, joins US capital markets reporter Joe Rennison to talk about what the issue and offer his thoughts on where markets go from here.
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Cocoa, coffee and minerals are especially vulnerable to the weather pattern first named by Peruvian fishermen.
– The Economist
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The FT’s Martin Sandbu explains why Greece is facing the spectre of default and what happens if a deal is not reached.
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People are wired to notice lions much faster than they notice apple trees. That’s why we are alive.
Since there’s no more lions chasing us down Main Street, the news tries to find other ways to trigger that fight or flight reflex. – James Altucher
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