Today’s most shared: NY Fed President Dudley posits slow retreat from zero bound, continued purchases of securities. Irrational fears, behavioral biases, misunderstanding risks hurt investors. Russia’s deal to supply China with gas should buy Putin and his crony capitalists a … Read more
Leave a CommentToday’s most shared: Credit Suisse pleads guilty, accepts giant fine; Outcome called business as usual for bank and tax-evading clients. Animal spirits return to junk market despite ‘lowflation’ fears. El-Erian: Geithner critics overlook that politics is the art of the … Read more
Leave a CommentToday’s most shared: Fed updates interest rate policy toolkit for a world awash in reserves. The bond market melt-up catches many flat-footed. China builds oil reserves, seeks gas deal with Russia, as both take note of the impact of the … Read more
Leave a CommentToday’s most shared: Weak economies worldwide, US tapering on track as ECB picks up QE baton. How do hedge funds get away with charging a king’s ransom for lackluster returns? David Tepper is the new man of the moment. (Cue … Read more
Leave a CommentToday’s most shared: Inside the euro crisis. Euro GDP disappoints as ECB weighs unconventional measures. Will they be enough to get Europe off a potential crisis treadmill? Top hedge fund earner Tepper says he’s nervous. The Bond King v. the … Read more
2 CommentsToday’s most shared: Geithner memoirs revisit crisis, raise blood pressures. Did Fed announcements leak, a little? ECB leaks, presumably planted, seed ground for easing measures. Hard-hit millennials hobbled by student debt, wary of stocks. The $450m ‘and’ hidden in Caesars … Read more
Leave a CommentToday’s most shared: Open mouth operations suggest ECB action next month to stimulate growth and combat deflation. Why do hedge fund managers have such sweet deals? The UK is calling Astra-Zeneca to testify on why it is selling a British … Read more
Leave a CommentToday’s most shared: A narrative of the euro zone’s near implosion. How nearly everyone told Angela Merkel to do what Draghi eventually did, and she said it was politically impossible. Geithner’s memoirs answer, raise questions about the financial crisis. The … Read more
Leave a CommentToday’s most shared: Tim Geithner speaks. As best and brightest ponder careers, the pendulum swings from banking to tech. Shades of ’99, when top tier investment banks couldn’t fill their interview schedules at HBS. Is Warren Buffett a crony capitalist? … Read more
Leave a CommentToday’s most shared: Wall Street eyes Silicon Valley warily, hedges with fintech investments. The definition of disruptive innovation is something the incumbent can’t do without destroying its business model. Do weak art auctions foreshadow troubles for other asset prices? Yellen’s … Read more
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