Post-Pandemic Consumer Disorder BY FERNANDO DE FRUTOS, CFA, PhD  |  17 JULY 2022   This article has been published in the FUNDS SOCIETY Magazine (18 Jul 2023)     The most anticipated recession in recent history always seems to be 6 months away. High interest rates are cooling down the economy. Yet, consumers are ignoring … Continued

BY FERNANDO DE FRUTOS, CFA, PhD  |  6 APRIL 2023       For more than a decade, central banks have been unable to raise rates, due to chronic subpar economic growth and high unemployment. With rates near the zero-bound, a mistake from overtightening could have been very costly to reverse. While central banks always … Continued