Monthly Archives: June 2012

Bonds in a Warped World, not a ‘New Normal’

In a ING new report entitled ‘The Warped World of Bonds’, I argue that the idea that we might be settling into a ‘new normal’ is fanciful. With the financial crisis still mutating, the valuation basis of the bond markets … Continue reading

Posted in Bond Markets, EMU, Macro, Macroeconomics | Leave a comment

Welcome

This is the personal website of Mark Cliffe, Visiting Professor at the London Institute of Banking & Finance, Visiting Fellow at the Global Systems Institute, Economic Consultant and former Chief Economist of the ING Group.

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How Can EMU Survive?

Whether or not Greece stays in EMU, the pace of policy change is accelerating. Although the risks are rising, a road to EMU’s survival is possible. ING’s new report sets out three dimensions – reform, reflation and redistribution – along which it might be built. … Continue reading

Posted in EMU, Macro, Macroeconomics, Uncategorized | Tagged , , | 1 Comment