Steering through the financial maze

ROUNDTABLE PANELLISTS:

Moderator : Anthony Rowley, Tokyo correspondent, The Business Times

IN the upside-down world of negative interest rates that we live in now, investors pay governments or companies for the privilege of being allowed to buy their bonds (although banks are not yet demanding that savers pay for the privilege of depositing money with them). There is talk of interest rates remaining not just "low for long" but even "low for ever", and there is speculation about governments dropping money from "helicopters". All very strange.

Is this just a passing phase until central bank monetary policy (and interest rates) "normalise" again - or does it signal more fundamental and lasting changes in the global economy? What are the implications for investors? The Business Times convened its pane…