Capital Markets Snapshot: Stability of capital markets continues

BUT, BECAUSE THIS RECESSION DIFFERED FROM OTHERS, UNCERTAINTY REMAINS

By Cain Brothers

The capital markets have remained reasonably stable over the past month and generally display the same key characteristics that have defined the markets for most of the year.

Those characteristics are: near zero short-term interest rates; very low long-term treasury rates; very accommodating Federal Reserve policies; much uncertainty about the timing of meaningful economic recovery; and, as a result, uncertainty around the dynamic between risk of deflation and fear of inflation.

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In
   

Comments are closed, but trackbacks and pingbacks are open.