If a recession comes, how can the lessons of the global financial crisis (GFC) inform private equity practitioners?
The foreign exchange (FX) swap market ought to be both transparent and well regulated. It is neither.
Is there a Fed put influencing US corporate credit markets?
Is there evidence of an ECB put in European credit markets?
Recent market volatility has been driven by speculation about what the Fed will do next.
Have the Fed's and ECB's purchases of corporate bonds permanently altered the pricing of corporate credit risk?
The FTX fiasco has more to do with fractional reserve banking than it does with crypto.
The impact of Fed policy on the global financial system is yet another feature of the COVID-19 pandemic that caught investors off guard.
“The first lesson is that central banks can and should take responsibility for delivering low and stable inflation,”
Demand destruction does not guarantee disinflation.
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