We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Feverish thinking

30 April 2009 By Edward Hadas

European stocks have erased this year s losses. US Treasury yields are above 3%. Killer flu? No worries. Negative growth? Not for long. A kind of flight from safety is underway. It shows the medicinal power of monetary and fiscal injections. But painful side effects will follow.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)