Why quantitative easing and negative interest rates will fail

This is going to be a short thought piece. But the takeaway should be that the convergence to zero will continue unabated as the threat of inflation is muted given the combination of excess capacity, high private debt and unfavourable demographics. The subject is monetary policy. The most in-depth …

10 things to know for Tuesday

One farmer said opium growers can earn more in one day than in one month… . FILE – In this Nov. 13, 2011 file photo, Susan Schneider, from left, Robin Williams, and Zelda Williams arrive at the premiere of “Happy Feet Two” at Grauman’s Chinese Theater, in Los Angeles.

Mayor Bill de Blasio Pledges to Create Artists’ Housing

Mayor Bill de Blasio. Photo: Spencer Platt, courtesy Getty Images. Some good news for the artists of New York: in Bill de Blasio's second state of the city address, delivered this afternoon, the mayor outlined his plan for addressing New York's housing problem, which includes building 1,500 affordable artist…

Wall Street posts second day of strong gains, led by energy – Reuters

ReutersWall Street posts second day of strong gains, led by energyReutersNEW YORK (Reuters) – U.S. stocks jumped more than 1 percent on Tuesday, led by energy shares as oil prices extended their recent rally, while higher-than-expected January car sales also bolstered the advance. Merger activity also helped, with shares …