Swiss franc’s calm is a cause for concern

Haven currency’s calm after Brexit vote shows how policymakers are suppressing volatility

UK fiscal policy must take up the baton

A different economic challenge requires a different response

Infrastructure dreamers need wake-up call

Long-term investors need growth more than landmarks

If oil demand peaks globally

It was assumed oil would be more valuable in the future but all bets are off if demand falls

US stocks can’t just run on fumes

Earnings growth needed if US equities are to prove resilient in the second half

BoE bond-buying needs fiscal helping hand

Fresh UK monetary easing without fiscal stimulus risks trouble for markets

Asia’s investor affinity with derivatives

Hong Kong opens the door to meet demand as US cracks down on risky exchange traded funds

Passive investing owes stock pickers a debt

Active managers are struggling but passive investment boom needs them

Whistling past the graveyard in Fed lull

August has a history of turning ugly, but there could be deeper trouble further ahead

This gold rally has legs

The expansion of unconventional monetary policy will feed demand

Excess refined products weigh on oil

Record demand is being met with record supply

Pressing times for central banks

Quantitative easing has prevented deflation and the policy is now ordinary

Retreat of central banks spells pain

If central banks pass baton to governments to stimulate growth then the bond rally is over

QE-forever cycle won’t end well

A combination of QE and the prospect of fresh fiscal stimulus won’t generate a recovery

Rough ride for next India central bank head

Raghuram Rajan’s successor will still be subject to pressure from government

‘Safe’ assets deconstructed in new world

Role of government bonds in investors’ portfolios is changing as central banks get radical

Fearful Japanese thwart Abe on equities

Japanese public shun equities despite negative returns on bonds

Do not bet on calm markets lasting

A sustained period of low volatility manufactured by central banks cannot disguise growing problems

An old market tale or a new short story?

Stock markets are defined by narratives that should be questioned, not just repeated

Fallout of a Trump win needs exploring

If the Republican wins, turbulence may visit the hitherto stable market

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