ZIRP is an acronym for “Zero Interest rate policy”. NIRP is an acronym for “Negative Interest Rate Policy” and a phrase you’d better get used as we move through the next phase of this great Keynesian monetary experiment. You may have noticed the “threat” of a April, July, October and now December US Interest rate rise in the […]

Are the lows in stock markets in for the year as they celebrate the “bad news is good”(after shocking job numbers out of US last Friday) because it means there will no rate hike or will “The Fed” spoil the party by trying to salvage some credibility and blow up the financial system at the […]