HAS PRIVATE CREDIT´S GOLDEN AGE ALREADY ENDED? / THE ECONOMIST

Has private credit’s golden age already ended? A more competitive market is a less profitable one The history of leveraged finance—the busin...

FROM FRANCE TO AMERICA, THE FAR RIGHT IS ON THE MARCH / THE FINANCIAL TIMES OP EDITORIAL

From France to America, the far right is on the march Attitudes to democracy and the rule of law will define the distinctions in politics Gi...

THE OUTLOOK FOR U.S. BOND YIELDS / MACLEOD FINANCE

The outlook for US bond yields One of my Substack followers has requested an update on why the yield on the 10-year US Treasury rose earlier...

INTEREST RATES, INFLATION AND GOLD / MACLEODFINANCE

Interest rates, inflation, and gold Monetary authorities and domestic users do not understand the true relationship between their fiat curre...