Worst. Idea. Ever.
Every now and then a remarkably bad idea springs to life. It gets debated, ridiculed and eventually discarded. In the marketplace of...
Macroprudential policy – from Tiberius to Crockett and...
Macroprudential policy – from Tiberius to Crockett and beyond Speech by Sir Jon Cunliffe Deputy Governor for Financial Stability...
What China Can Learn from America’s Plunge Protection Team
A Plunge Protection Team for China’s Markets? China may do no better at propping up markets than the U.S. Bloomberg, July 13, 2015....
China “Embraces” the Markets
Fantastic cover from this week’s Economist; I think we have different definitions of “embrace” . . . ...
Complexity of U.S. Markets
Start your day with this fascinating chart, by Credit Suisse (circa 2013) by way of Bloomberg: click for ginormous graphic...
China’s Market Policy Timeline
Monster timeline of China’s market policy changes this cycle: click for ginormous graphic Via Bloomberg
Where Did All the Publicly Traded Listings Go?
Source: NBER, Political Calculations The U.S. now has half as many publicly listed companies trading on its exchanges as it did at...
Analysts Are Now Honestly Wrong. That’s a Huge...
Sometimes the gains from a new regulatory regime are obvious. The creation of the Federal Deposit Insurance Corp. is a perfect example....