Negative Rates Don’t Work
BlackRock’s Senior Director Peter Fisher eviscerates the idea of negative rates in this interview with Bloomberg.
Gold vs Negative Rates
Mining CEO lays out the future for gold in the face of negative rates.
Morgan Stanley: Negative Rates a “Dangerous Experiment”
This week Huw van Steenis, an analyst at Morgan Stanley said of negative rates:
“It is an unnecessary and dangerous experiment to take in case there are non-linear impacts on deposit stability and financials stability writ large. The ECB’s action is flipping from a positive to a negative for European banks.”