A quicker than usual weekend reading due to travel chaos. (Self-inflicted travel chaos, unfortunately).
2010
Some people find complicated financial products compelling – especially advisers peddling a hot new fund for commission.
If you’re going to risk borrowing to invest in volatile assets, you need long-term debt to do it.
My regular roundup of the week’s best reads. The US blogger Barry Ritholtz says US houses are still significantly over-valued. That would be bad news for everyone, given that the US consumer is vital for a global recovery. Unlike in the UK, house prices in the US did actually go pop a few years ago. [...]