Getting Paid to Borrow, Negative Real-Yields, the New Reality for U.S. Corporations

A new phenomenon emerged in the credit market in early December, real-yields on investment-grade bonds turned negative for the first time in history. The setup will likely skew incentives for corporations in managing their capital structures.
5 ways to build investment portfolios amid growing inequality

Inequality creates winners and losers. And there are key steps that investors can take to be on the right side of these changes – to not only protect their portfolios from growing inequality, but also generate strong investment returns into the future.
Covid-19: accelerating our journey to inequality

Our analysis leads us to believe that the forces driving low economic growth, increased indebtedness, low interest rates and asset inflation will only strengthen in a post COVID-19 world.
Executing a Disruptive Vision

Contrary to popular mythology, technological disruption very rarely happens in a singular flash of brilliance. The image of a disheveled, genius tech founder, manically coding a brilliant new idea in a garage, has a disruptive vision, and lays waste to incumbent operators is a romantic notion. But unfortunately, it’s rarely true.
Liquidity begets liquidity: CME Group

Derivatives exchanges are becoming increasingly important in global markets today. In this article, we examine factors contributing to CME group’s privileged position and whether it can be classified as a monopoly.