Syriza Wins
New Greek Parliament:
Quotable:
“Bond prices are now so high that yields on more than $4 trillion of the developed world’s sovereign debt have turned negative. That means investors effectively pay a dozen countries from Germany to France and Japan to borrow.” — Mynanda and Goodman, Bloomberg, Owners of Negative-Yield Sovereign Debt Say They’re No Fools
What We’re Reading:
Markets’ misplaced faith in central banks (Financial Times)
Draghi pumps up everything with QE (Financial Times)
The Greek Warning (The Wall Street Journal)
Buyers Take a Shine to Gold, Silver Again (The Wall Street Journal)
Blackstone’s CEO: Oil Is ‘Biggest Investment Opportunity in the World’ (MoneyBeat)
