Could the elimination of cash prevent an economic crisis?
Given the still subdued economic growth many experts are of the view that the presence of cash has constrained central banks from setting negative…
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Is Deutsche Bank Kaputt?
Editor’s Note: given recent developments at Deutsche it is worth reading Kevin’s piece from last month at Alt-M http://www.alt-m.org/2016/08/04/is-deutsche-bank-kaputt/ which is reproduced below. It looks like Deutsche…
Read MoreHas the BoJ signalled the end of QE as we know it?
That’s what David Keohane asks in yesterday’s FT Alphaville based on recent Citi and Goldman research notes. Citi’s Buiter: “In some ways, it is…
Read MoreHedge Funds, ‘unsophisticated’ investors, Brexit and the AIFMD
This article is based on some research done by the author whilst working at Her Majesty’s Treasury but which has since been modified and articulated…
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More Data For The ‘Data Dependent’ To Ignore
By Jeffrey P Snider. Source: http://www.alhambrapartners.com/2016/09/16/more-data-for-the-data-dependent-to-ignore/ The University of Michigan released its September update for their surveys of consumers. The overall index of consumer “sentiment”…
Read MoreMaking data talk
In order to make the data “talk,” economists utilize a range of statistical methods that vary from highly complex models to a simple display…
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Ease this
“There is no simple, painless solution. The world has to reduce debt, shrink the financial part of the economy, and change the destructive incentive…
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On being an FOMC member
It’s easy to criticise the Fed for its failures, because its successes have been only one in number: kicking the can down the road….
Read MoreInvestment sanity, shot through the heart
“Protip: When someone uses the term ‘hoarding’ instead of ‘saving’, it means deep down they believe that others are more entitled to your money…
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Drowning in debt
Central Banks are moving from quantitative to qualitative easing The spread between Investment Grade and Government bond yields is narrowing Issuing corporate debt rather…
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