debt
Are we stuck in a low-growth, low-demand environment for the foreseeable future? Lord Adair Turner discusses whether governments and central banks have anything left in their arsenal.
Just in time for the holidays, the US Federal Reserve released its quarterly Z.1 report. Recently retitled Financial Accounts of the United States (formerly Flow of Funds), the new data have provided a new, and perhaps final, chapter in the… READ MORE ›
The route to recovery in Europe is so long that there will be plenty of growth opportunities to be captured by investors along the way, says David Kelly, CFA.
Arnab Das, managing director of research and investment strategy at Roubini Global Economics, argues the most important parallel issues are the distribution between creditors and debtors and the balance between future and present economic activity.
Tomáš Sedláček, chief macroeconomic strategist at CSOB Bank, believes that our problem is not lack of growth but too much of it. He stated, “It is like owning a car that explodes when it stops.”
Nobel laureate Robert C. Merton challenged traditional models used by investors to measure sovereign and financial system credit risk and instead proposes an alternative framework.
Jason Voss, CFA, content director at CFA Institute, recently updated his overview and analysis of the European sovereign debt crisis which includes a comprehensive timeline of key events.
Economist and author Tomáš Sedláček, who will be speaking at the Fifth Annual CFA Institute European Investment Conference, feels that the goal of economic policy should be to minimize debt.
Tarek El Diwany, a speaker at the upcoming CFA Institute Middle East Investment Conference and Islamic Finance specialist, discusses the conflict between discounting and ecological sustainability.
That the world is grossly overindebted is perhaps an obvious point. But by how much — and why — are less clear. Today total global debt stands at approximately $150 trillion, or 194% of global gross domestic product. And… READ MORE ›