Beware the fragility of the global economy

This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Author: Alberto Gallo, Portfolio Manager and Head of Macro Strategies, Algebris Investments Quantitative easing (QE) saved us from the 2008 crash and kick-started a recovery, but also encouraged a build-up of one-sided risk in the financial system. Are markets […]

Have central banks missed the exit train?

This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Author: Alberto Gallo, Portfolio Manager and Head of Macro Strategies, Algebris Investments After a decade of stimulus, central bankers have pledged to end loose monetary policy. Their attempts are failing. The Federal Reserve has been raising interest rates, pushing […]