Iran, private credit and the echoes of 2008
The investor exodus is unnerving, but the wider financial system is better prepared for shocks
The investor exodus is unnerving, but the wider financial system is better prepared for shocks

Business and households alike are worrying — the Fed should be too

The world is a mess but markets seem to be shrugging worries over the fallout of the Iran war

Sometimes crises do not blow over as investors might hope

Government bonds face one of worst months of past decade as investors warn of ‘deterioration’ in public finances

What happened after the pandemic is an imperfect guide for the latest shock

The consensus view of the impact of the Iran war on equities and bonds may well prove too sanguine