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Inflation occurs when too much money tries to buy too few goods. It is as simple as that. Yet in this simplicity lies much complexity. For what is too much and what is too little? Too much money [...]

Oil prices fell sharply last week, by more than 11 percent. But the fall was halted yesterday. Yesterday, the prices rose again by about 5.5 percent. The reason for the turnaround was probably [...]

“Sugar rush” Last week  we wrote about the bold experiment of the new American administration. While we in the European Union are being presented with new lockdowns by our cautious [...]

Gary Gensler is the new chairman of the Securities and Exchange Commission (SEC). This MIT professor was known as a strict regulator when he was chairman of the US Commodity Futures Trading [...]

The profession of central banker has changed forever. This was evident from Jerome Powell’s explanation of the Federal Open Market Committee’s (FOMC) interest rate decision. It may be [...]

Expensive United States and cheap Europe Since the credit crisis, the American economy has grown faster than that of the European Union year-in-year-out. Partly because of this economic wave, [...]

At the end of January this year, the IMF forecast that the Chinese economy would grow by 8.1% this year and the US economy by 5.1%. Six weeks later and it seems that China and the US have swapped [...]

Like a phoenix from its ashes After last year’s lightning-fast and rather unexpected corona crash, the stock markets rose like a phoenix from the ashes. The world’s most important [...]

OPEC and the Russian-led coalition of other oil-producing countries (OPEC+) decided in an online meeting yesterday to extend the current production agreements through April. The oil market [...]

Interest rates are rising. First because of rising inflation expectations, but in recent weeks also because of rising real interest rates. The reason for this is the improved growth prospects for [...]