European Central Bank
Is there a Fed put influencing US corporate credit markets?
Have the Fed's and ECB's purchases of corporate bonds permanently altered the pricing of corporate credit risk?
A reduction of the ECB's balance sheet and a serious effort to achieve positive real interest rates will be key to ensuring a turnaround in the fortunes of the EUR/USD.
Jerome Powell, Andrew Bailey, and Christine Lagarde shouldn't keep us up at night.
Austerity, mutualization, monetization, or some combination thereof? What path will Europe take?
Powerful new instruments have to be created to revive a flagging eurozone economy.
Should a bank run in Italy ensue, could the euro fall apart?
In January, 70% of CFA Institute Financial NewsBrief readers didn't expect a US recession in 2016. So what about 2017?
Every player in fixed income hangs on the doings of Janet Yellen and Mario Draghi like teenagers with Taylor Swift and Justin Bieber. The focus is all on exogenous factors, says Jason Voss, CFA. What is not being accounted for? Endogenous criteria like the quality of the business models of the credits or whether a portfolio is diversified enough.
European authorities underestimated the effects of the financial crisis on banks, resulting in a “lost half decade,” says Lorenzo Bini Smaghi. But there is room for the eurozone to regain competitiveness.