Negative Interest Rates: Glass Half Full Edition
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Much ado in the financial media this morning about yet another warning from the Bank
for International Settlements about the current state of affairs in the
global financial system as it relates to debt levels that now exceed the 2007
highs, negative interest rates, and faltering confidence in central banks who
seem increasingly befuddled and desperate.
The tone appears to have been lost on whoever penned the outlier headline
below.
The Bloomberg article
is about as positive as the headline, so this can’t be blamed on whoever’s
responsible for ensuring that headlines are click-worthy to readers.
Maybe it’s not such a bad thing to look on the bright side of things now
and then, though this may not be a particularly good opportunity to do so…
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Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
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