There no asset which is safe, liquid and provides a good return all at the same time, since these variables usually go in the opposite direction; gold has an extremely high VIX or volatility index and it sometimes exceeds the Standard & Poor 500 index.
Articles by Miguel Navascués
About the Author
Perhaps one of the most important virtues France has is the real cause of its malaise: the public services work very well, but they are tremendously expensive and financing them is eating into the rest of the country. Taxes represent 56% of GDP, even higher than in Sweden.
Of its total exports, Spain only sells 5% of high-technology products overseas, or 1.65% of GDP. The country needs to boost investment in high-tech goods and services.
Various world-renowned experts are increasingly doubtful that the stock markets’ level is sustainable. But there is still huge euphoria. While money remains cheap, in relation to the expectation of gains, speculation will continue.
New French president Emmanuel Macron wants to solve the problem of the stability of the euro and its finances once and for all, by implementing some kind of European Fiscal Union.
World stock markets are at record highs, particularly in the US, boosted by the promises of a heavy investment drive made by President Trump. But the fundamentals don’t support the markets’s strong performance, which is causing some concern.
Spain needs to make a definite decision to bet on changing its productivity model which guarantees sustained growth and prosperity for the population. To do this, it also needs to make a clear bet on research and science.
After 2015′ s Greece referendum, Tsipras got an attack of the jitters, a possible coup d’etat was insinuated, so he decided to turn the sense of the referendum around, giving in unconditionally to the demands of the Brussels bureaucrats. If Marine Le Pen were to win the second round of Sunday’s French elections, would she give into pressure from inside and outside Europe to renounce her goal of getting rid of the euro?
UK Prime Minister Theresa May’s call for a general election on June 8 is a very important coup for the Brexit process. It assumes these elections will allow her to bring together a lot of favourable intent, when the opposition is trying to find itself. With her majority reinforced, she will be in a stronger position to negotiate the Brexit deal.
The markets are beginning to reflect the “doubly” nerve-wracking effect of the fact that there are two electoral risks in France. It’s not only Marine Le Pen now; Jean-Luc Mélenchon is unexpectedly gaining ground.