Go to the Globe and Mail homepage

Jump to main navigationJump to main content


Is it ‘risk off’ time again for equities? Add to ...

Subscribers Only

Quantitative easing has favoured markets this year but global fear is returning. Risky assets such as equities and commodities have begun a wobble that will probably worsen. The now familiar tune of a flight to the dollar and already ridiculously expensive safe havens is very likely to play again.

After President Barack Obama’s re-election, there’s no reason for Federal Reserve Chairman Ben Bernanke and his QE show to stop soon. But even the Fed’s $40-billion per month and an end-October increase in the Bank of Japan’s 11 trillion yen ($139-billion) asset purchase programme did not shore up equities last week. There is too much to worry about.

Report Typo/Error

Next story




Most popular videos »

More from The Globe and Mail

Most popular