By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) has advocated Macroprudential Policy to aid financial stability. The IMF came up with this theory in a Paper titled “The Interaction of Monetary And Macroprudential Policies†and made available to www.investadvocateng.com. According to the Paper, as Macroprudential Policy frameworks are […]
Author: InvestAdvocate
This Is Housing Bubble 2.0: David Stockman
Many have named a U.S. housing recovery as a bright spot in a so-called broader domestic economic recovery. And data seems to support this analysis, despite a slowdown in sales momentum at the end of the year. Existing home sales in December were up 12.8% from the same time in […]
Global shares slip from highs; Spain, Italy pressure euro
Major stock markets fell on Monday as investors booked profits on recent strong gains, while the euro slipped from multi-month highs against the dollar and yen on political uncertainty in Spain and Italy. Oil prices retreated from 4-1/2-month highs as investors paused for breath after a rally powered by signs […]
