Jim Bianco thinks negative interest rates could cause an 'accident' in global markets
Jim Bianco is ill at ease with the state of global financial markets.
In an interview with Swiss business publication Finanz und Wirtschaft, Bianco said negative interest rates have brought us into a world that simply makes no sense.
Bianco — who runs Bianco Research out of Chicago — said, "We're still all trying to feel around in the dark as to what [negative rates] mean. And that means the chance of an accident is very high."
As Bianco outlines, right now no one is issuing... Читать дальше...