Beyond Bulls & Bears

What’s Driving US, European Voter Resentment?
Equity

What’s Driving US, European Voter Resentment?

Voters in a democracy often respond more to perception than reality, particularly when it comes to issues of patriotism, pride and identity. It isn’t always just about the bottom line.

A Summer of European Political Upheaval
Fixed Income

A Summer of European Political Upheaval

While I view the Bank of England decision to cut interest rates further in August—to a record low 0.25%—as an important reaction to the Brexit vote, I think it will be more important to see how it steers its reinvigorated quantitative easing program.