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13.10.2018 - Comments

Beware, higher interest!

by Thomas Mayer

Interest rates in America are rising. This has consequences for the whole world. Europe must also tremble again.

This commentary is from the column “Mayers Weltwirtschaft” (Mayer’s World Economy) which was published in the FAS (Frankfurter Allgemeine Sonntagszeitung) and is available online at www.faz.net (in German only).

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Banking crisis 2.0

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If the economy coughs, the banks will have pneumonia. That was the message from the markets at the beginning of 2016, when fears of recession led to the collapse of bank stocks.