Markets should pay heed to the affordability squeeze
Political pressure in response to public anxiety will demand policy responses
Related reading
There is method in the market’s madness
But it relies on a host of rosy assumptions going in investors’ favour
We must be mindful of the risks of private credit
The sector remains untested in a severe or prolonged economic downturn
Interest rates take fright
The market’s calm in the face of war is beginning to crack
Price controls make a troubling return to the mainstream
Governments should focus more on boosting supply and productivity
Have markets already tightened the screw enough?
March’s hawkish communications in Europe have had the effect of tightening monetary policy
Short rates have overshot
Plus the social media lawsuits