IMF pointing to economic headwinds and changing political backdrop highlights risks

Volatility and investors’ swings on the inflation threat complicates life for bankers unwinding stimulus

The ‘one-share, one-vote’ proposition is a victim of competition between exchanges

Rise of leveraged loans at non-banks is regulatory arbitrage that worries watchdogs

Economic growth is robust, but credit and equity markets are full of warning signs

Falling reserve currency has loosened global financial conditions

The current market is a tricky beast so hold on tight in 2018

The Paris agreement has quickened the move to a greener economy

Republican tax package will definitively put an end to 36-year upswing for Treasuries

Search for yield this time is more complex and opaque than in the past

Too much income is trapped in a risk averse corporate sector awash with record profits

US chief executives incentivised to put share price above health of balance sheet

Writing the obituary for the bull market in bonds has proved every premature

US banks are notably less weak than Europe’s where stress tests have been unstressful

John Plender warns of dangerous concentration risk in some ETFs

Changes at Uber give another twist to arguments on shareholder democracy

Further tightening may expose underlying economic weaknesses or financial fissures

Biggest current risk lies in equity markets trading at record levels with merely average global growth

John Plender analyses the remarkable investment success of the religious endowment

There is a business model in housebuilding that relies on constantly rising land values

Allegations against mortgage lender prompt questions over surge in household debt

The record of predictions based on demography is not impressive, writes John Plender