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Ian Smith
Author Archive
2025
2014
Apr 26, 2025
How The Treasury Market Got Hooked On Hedge Fund Leverage
Recent turbulence was partly the result of trading strategies using derivatives. But the same investors are increasingly important buyers of US government debt
Jan 24, 2025
US Stocks Are Most Expensive Since Dot Com Era
Level last seen in 2002 as tech-fuelled equity rally throws up red flag on ‘Fed model’ for comparing valuations