The Fed and asset bubbles
In his speech on April 7 2010 at the Economic Club of New York the President of the New York Fed, William Dudley argued…
Read MoreBanking
Zero Hedge — Bank of America: These Are The 6 Triggers For The Next Market Crash
With the S&P just one big short squeeze away from all time highs and Q2 earnings for the most part blowing away expectations, the…
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Deutsche Bank’s Troubles Raise Worries About the Future of the Euro Zone
The euro banking sector is huge: In April 2018, its total balance sheet amounted to 30.9 trillion euro, accounting for 268 per cent of…
Read MoreMonetary Fallacies and Inflationary Bubbles
Looking to the next few years ahead, is America and the world going to continue riding a wave of economic growth, improving standards of…
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Max debates with Director of IMF Europe on Monetary System
Today Cobden Centre manager Max Rangeley will give a speech and then have a debate with the Director of IMF Europe at the first…
Read MoreThe Looming Crisis in the Private Provision of Public Services Close Parallels with the Systemic Failure of Banks
The collapse in January of Carillion PLC, the UK’s second largest construction and outsourcing company has attracted considerable media coverage. Carillion was principally engaged…
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Should bank regulation be relaxed?
Leading Federal Reserve policymaker Stanley Fischer has hit out at plans to unwind banking regulation, calling it a “terrible mistake.” President Donald Trump and…
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The 2017 Stress Tests: Are US Banks Really in Good Shape?
“… equally efficacious, and equally a hoax.” – Benjamin Disraeli, 1848[1] One of the highlights of the U.S. summer for Fed watchers is the annual ritual…
Read MoreAnother Reason Not to Believe the Bank of England’s Stress Tests
The Bank of England repeatedly reassures us that its stress tests demonstrate the resilience of the UK banking system. Well, let’s put the…
Read MoreHow Onerous Are Basel III’s Constraints On Bank Leverage?
It is generally acknowledged that high bank leverage was a key factor contributing to the severity of the Global Financial Crisis. For the UK,…
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