Editor, Investment Strategy. Europe, Middle East and Africa, London
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Jul 9, 2014

Scoping the new subprime as watchdogs cry ‘bubble’

LONDON (Reuters) – As global watchdogs warn that euphoric financial markets are divorced from economic reality and acting out some reprise of the credit bubble and bust of the past decade, fears of another subprime timebomb are inevitable.

But even if you believe another crisis is brewing, it’s most likely not where it was last time. At least not in U.S. securitised mortgages – the heart of systemic blowout that nearly brought down the global banking system in 2008.

Jul 9, 2014

Analysis – Scoping the new subprime as watchdogs cry ‘bubble’

LONDON (Reuters) – As global watchdogs warn that euphoric financial markets are divorced from economic reality and acting out some reprise of the credit bubble and bust of the past decade, fears of another subprime timebomb are inevitable.

But even if you believe another crisis is brewing, it’s most likely not where it was last time. At least not in U.S. securitised mortgages – the heart of systemic blowout that nearly brought down the global banking system in 2008.

Jun 25, 2014

Cash stash may reflect fear of wealth going out of fashion

LONDON (Reuters) – As tension over inequality simmers, persistent cash hoarding by multinationals and the super-rich may be one measure of how seriously attempts at remedial action are being taken.

The political heat over soaring income and wealth gaps in the United States, Britain and much of the developing world has built up since the credit shock and global recession of 2008/09.

Jun 11, 2014
Jun 11, 2014
Jun 11, 2014

What if the caution of the ‘super rich’ ebbs?

LONDON (Reuters) – Canny caution or bumbling oversight, the world’s richest people have retained huge stockpiles of zero-yielding cash throughout the recent surge in financial asset prices.

Their persistence may have, counter-intuitively, prolonged the buoyancy of those very assets in the process – helping to inflate the outsize wealth of the super-rich further.

Jun 6, 2014
Jun 5, 2014
Jun 2, 2014
May 28, 2014

Analysis – Volatility vaporised by “this time it’s different”

LONDON (Reuters) – The business cycle may not be dead, but financial markets sense this one will be stretched to the limits.

Just one year after then Federal Reserve chairman Ben Bernanke unleashed a summer of global market ructions by flagging a gradual withdrawal of the Fed’s extraordinary monetary stimulus, financial volatility has mysteriously evaporated yet again.

    • About Mike

      "Mike Dolan is Reuters' Investment Strategy Editor in Europe. He has been a correspondent and editor for the past 20 years, working for Reuters from London and Washington DC in a variety of roles covering global policymaking, economics and investment trends."
      Joined Reuters:
      1995
      Awards:
      Reuters Editor of the Year, 2009. Reuters multimedia journalist of the year award, 2011
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