GIM News and Press, Templeton Global Income Fund Inc. From 09/20/19

In The Great Crash of 1929 , John Kenneth Galbraith describes the bezzle, the "inventory of undiscovered embezzlements," that grows in times of rising markets. When the markets collapse, these schemes are exposed and lead to large losses for investors. But Galbraith identified a sweet spot ...

Note: This article was first released to members two weeks ago. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund ((CEF)) sectors in the last week, as well as to highlight recently concluded or upcoming cor...

The financial press, and many institutions and individuals, are highly concentrated on our "Game of Thrones" with China. Make no mistake here, the tariff skirmishes are just part of the overall battle, one part. There is much more going on here besides the wrangling about tariffs and consumpti...

Yields on 10-year government debt continued to decline in August. All of the 18 sovereign markets Tradeweb tracks in its monthly Government Bond Update saw yields fall by more than 10 basis points, with some even hitting record low levels in the process. Leading the pack was the 10-year U.S....

Note: data from the article are from August 23, 2019. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded or upcoming corporate actio...

Why are interest rates so low? Here is the 10-year bond yield, by itself and subtracting the previous year's inflation (CPI less food and energy). The 10-year yield has basically been on a downward trend since 1987. One should subtract expected 10-year future inflation, not past inflation, a...

It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring of hope, it was the winter of despair. We ha...

By Krishna Memani, Vice Chairman of Investments As the US sails into uncharted territory, the central bank might be the last ship keeping the economy afloat. The end of the world is nigh. Ok, not the world, but at least the Western civilization as we know it. Forgive me, but that is ...

By Colin Lloyd Following on from my previous article, " The Pension Fund Apocalypse ," these are just a few of last month's stories. Danske Bank ([[DNSKF]]) of Denmark introduces the first negative 10-year fixed-rate mortgage. The German Finance Ministry voices disappointment at the ...

Elga discusses how conventional and unconventional monetary policy space is limited and rapidly being used up even before central banks respond to the next downturn, let alone a full-blown recession. This is the second in a series of four blogs on the topic of "Dealing with the next downturn....