It is easy to get caught up in a campaign season, whether in the US, where the race for the White House is well underway, or in the UK, where the Brexit campaign is in full swing.
Probably neither of these will help you to make investment decisions, but you could take a look at what is happening in the aftermath of the adoption of a negative interest rate policy by the European Central Bank, Bank of Japan, and other central banks. Today, about 40% of the sovereign debt issued by the eurozone government trades with a negative yield. Not only are investors paying to lend governments money, but they retain all the credit and interest rate risk with no compensation. However, there are places to think about investing that might make sense. What does the ECB's lat...
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