Zero rates mean Americans are giving up on Certificates of Deposits

Zero rates mean Americans are giving up on Certificates of Deposits

By Sober Look Retail savers in the US are abandoning certificates of deposits (CDs). The amount of CDs outstanding that … [Read more...]

Bernanke signals the Fed is uneasy with “reaching for yield”

Bernanke signals the Fed is uneasy with “reaching for yield”

By Sober Look As Merrill’s junk bond index yield crossed the historical low of 5% on Thursday, some senior Fed … [Read more...]

Frantically revising Japanese corporate earnings projections

Frantically revising Japanese corporate earnings projections

By Sober Look Analysts’ latest adjustments to corporate earnings forecasts for Japanese firms show many more … [Read more...]

Chart of the day: US corporate bond yields are at a record low

Chart of the day: US corporate bond yields are at a record low

By Sober Look US corporate yields hit another record low on Friday. The Merrill Lynch US investment grade corporate bond … [Read more...]

Ireland hit hard by spring slowdown; markets don’t show it yet It

Ireland hit hard by spring slowdown; markets don’t show it yet It

By Sober Look It seems that the markets are discounting many of the risks that have plagued Ireland’s economy in … [Read more...]

The ECB will act to avoid a deflationary spiral

The ECB will act to avoid a deflationary spiral

By Sober Look The ECB will have no choice but to ease monetary policy and possibly prepare for more drastic actions. The … [Read more...]