At the end of 2018 the US Federal Reserve backflipped on their plans to continue hiking interest rates. Why? Well to put it simply, it seems that they underestimated the effects that tightening monetary policy would have across asset markets. Show More

Steve Johnson

Last week Fidelity and a few other investors pumped $400m into a private company called WeWork Companies Inc., valuing the whole company at around US$10bn. WeWork has been described as the, wait for it, Uber of shared office space. It takes medium and long term leases on office space in... Show More