
Leveraged Loans – History Rhyming?
Despite three Federal Reserve rate cuts, leveraged loan credit quality is rapidly declining Covenant-lite issues now account for more than 80% of US$…
Read MoreDespite three Federal Reserve rate cuts, leveraged loan credit quality is rapidly declining Covenant-lite issues now account for more than 80% of US$…
Read MoreThe Japanization of the European Union[1] Introduction The topic of my lecture today is “The Japanization of the European Union.” I…
Read MoreNot too long ago, we wrote about the so called Modern Monetary so called Theory (MMT). It is not modern, and it is not…
Read MoreThe legal formalisation of the creation of bank credit commenced with England’s 1844 Bank Charter Act. It has led to a regular cycle of…
Read MoreToday, we want to say two things about negative interest rates. The first is really simple. Anyone who believes in a theory of interest…
Read MoreWith interest rates in many countries close to zero or even negative some commentators are of the view that monetary policy of the…
Read MoreThis will be a good one. See more here: http://austrianconference.org/
Read MoreNew entrants into every aspect of banking were encouraged by two recent regulatory developments: the Open Banking initiative and the ‘sandboxing’ exemptions from regulations….
Read MoreAny hopes that the replacement of Mario Draghi, who on Halloween left the ECB more polarized than ever, as the core European nations revolted…
Read Moreby Alvaro Martin Looking at the current situation, one can easily perceive that our economic environment is not in the best condition. The whole…
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