New York, Frankfurt Bill Dudley’s advice is particularly in demand these days. He was one of the most important central bankers in the country during the financial crisis and, as a researcher at Princeton Elite University, can now show parallels and differences to the last recession. Mr. Dudley, you have experienced the 2008 financial crisis […]
Stock exchanges around the world are falling again. Aid from central banks and politicians is waning. The bear market rules worldwide. .
NEW YORK (Reuters) – Pacific Investment Management Co (PIMCO), one of the world’s largest investment firms, told clients today that the coronavirus epidemic is likely to cause a relatively mild and short recession, although tight credit markets may worsen the recession. FILE PHOTO: A worker wearing a face mask works on a production line by […]
Erich Kästner is a famous writer, everyone knows his cheerful books like “Das doppelte Lottchen” or “Emil und die Detective”. But the author also had a dark side, which comes to light in poems like “The Ballad of the Imitation Drive” in 1931 – children hang up with playmate Fritz there, as they saw in […]
Frankfurt Bubble or no bubble? The question arises again and again for investors. The stock markets have recently reached record levels. Then there was concern that this could not go on forever. Now the markets have been on their knees for several days in a row, although price levels remain high in a longer-term comparison. […]