Today’s most shared: Emerging market contagion. Draghi moots unconventional monetary policy, QE to fight deflation. The American voter, like Ronald Reagan, says, “I’m not worried about the deficit — it’s big enough to take care of itself.” Inequality grows as … Read more
Leave a CommentToday’s most shared: After ‘Whale,’ $20b in fines, JPMorgan’s Jamie Dimon gets a raise. Emerging markets contagion feared as Fed tapers, Argentina devalues. Big study finds US intergenerational social mobility little changed despite regional variations, wider inequality. BoE governor Carney … Read more
Leave a CommentToday’s most shared: Feds examine whether Berkshire Hathaway is systemically important. Bullish money managers push back on Goldman assertion that stocks look pricey. Icahn fires another broadside at Apple, buys more shares. Gross on Pimco shakeup. Krugman – people who … Read more
Leave a CommentToday’s most shared: Shifts at top of Pimco after tough year for the world’s largest bond fund. Bank reform regulations bite as 6x EBITDA leverage cap guidance hits LBO lending, swaps market splinters between centrally cleared and OTC dealers. British … Read more
Leave a CommentToday’s most shared: Gradually closing the spigot as Ben Bernanke hands the money hose to Janet Yellen. Derivatives remain a potential source of systemic risk, contagion. Addiction to money, status drives Wall Street. 85 richest people as wealthy as bottom … Read more
Leave a CommentToday’s most shared: Fall in mall, big box store traffic may be permanent. Identifying bubbles. Europe looks to ban prop trading at banks. Only in a Wall Street bizarro world could people say DC waged war on Wall Street and … Read more
Leave a CommentToday’s most shared: Bank of England got early warning of benchmark-rigging. Did Washington beat Wall Street on post-crisis financial reforms? Tapering could cut flows to emerging markets. The Faustian bargain of long hours on Wall Street. Hedge funds led by … Read more
Leave a CommentToday’s most shared: Bank earnings have a lot of cookie jars. Stanley Fischer, the IMF, and the Asian debt crisis What quants don’t know Do interest rates drive investment? Robo-advisers – niche or mainstream? Jimmy Fallon and Bruce Springsteen on … Read more
Leave a CommentToday’s most shared: Ring tones, hand signals – how dealers in OTC markets tilt prices against perceived price-insensitive customers. The Fed seeks comment on rule to limit banks’ physical commodities trading. JPMorgan profit hit by settlements. Asian ‘whale’ says Goldman … Read more
Leave a CommentToday’s most shared: Is bigger better, or time to break up the big banks? DC-to-Wall-Street revolving door, specifically private equity, makes one question who runs what. Volcker rule effectiveness hinges on the meaning of ‘own’ – accounting rules can make … Read more
Leave a Comment