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To be sure, yields on high yield bonds – or junk, as it was once called – look less enticing than the 15% on offer three years ago. But those yields reflected fears that the global banking system was close to collapse. These have now receded, making it safer.

To be sure, yields on high yield bonds – or junk, as it was once called – look less enticing than the 15% on offer three years ago. But those yields reflected fears that the global banking system was close to collapse. These have now receded, making high yield safer.

Very few people wish to take a risk at the moment. With both consumers and businesses hunkered down in the trenches and the shells of uncertainty flying overhead, merely hanging onto and guarding what you’ve got rather than going forth to multiply is the order of the day.

Very few people wish to take a risk at the moment. With both consumers and businesses hunkered down in the trenches and the shells of uncertainty flying overhead, merely hanging onto and guarding what you’ve got rather than going forth to multiply is the order of the day.  

Families will feud. They will feud between themselves and with other families. These feuds can get pretty nasty, and when there’s money and power involved the nastiness often gets aired in public.

Families will feud. They will feud between themselves and with other families. These feuds can get pretty nasty, and when there’s money and power involved the nastiness often gets aired in public.

The world has changed and some businesses that worked in the past won’t work in the future. Elisabeth Murdoch can’t be the only next-gen wondering if it’s easier just to jump ship and build something better.

The world has changed and some businesses that worked in the past won’t work in the future. Elisabeth Murdoch can’t be the only next-gen wondering if it’s easier just to jump ship and build something better.

It’s getting hard to avoid noticing the impact of climate change, but mankind (true to form) is trying its best to do so.

It’s getting hard to avoid noticing the impact of climate change, but mankind (true to form) is trying its best to do so.

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