Practical analysis for investment professionals

Monetary Policy


Is Brazil Ready to Rebound?

Brazil may be set to emerge from its recent economic doldrums, says Ron Rimkus, CFA. At least that was the sentiment he picked up at the Sixth Annual CFA Society Brazil Conference in Sao Paulo.

Is a US Recession Imminent? Part Two

In January, 70% of CFA Institute Financial NewsBrief readers didn't expect a US recession in 2016. So what about 2017?

Nine Fixed-Income Tips from PIMCO’s Marc P. Seidner, CFA

How can investors cope with the extraordinary, post-Great Recession policies of central banks? PIMCO's Marc P. Seidner, CFA, offered direct and logical prescriptions at the CFA Institute Fixed-Income Management conference.

The Mad Scientists of Monetary Policy

Like modern-day Drs. Frankenstein, central bankers are trying to artificially create life in the financial system. They have embraced extraordinary monetary policies to create economic growth where none would exist. And someday soon, the monsters they are experimenting with may wake up and break out, Ron Rimkus, CFA, explains.

Systemic Risk: Definition and Application

Even the most cursory study reveals that systemic risk means different things to different people, so Ron Rimkus, CFA, worked to create a definition that potentially everyone could agree on.

The Fixed-Income Challenge: The Monetary Policy Pit

Monetary policy, lagging economic growth, aging populations in the leading global economies — what is the biggest challenge confronting investors on today's fixed-income obstacle course? We polled readers of CFA Institute Financial NewsBrief to find out.

What Is the Focus in Fixed Income? Exogenous or Endogenous Factors?

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.

Edward Altman: The Benign Credit Cycle Is in Extra Innings

Edward Altman says the benign credit cycle is in “extra innings,” but the metaphorical relief pitchers — central bankers — are running out of gas. Though most indicators point towards the end of the benign cycle, Altman cannot predict when the stress cycle will begin.

The Outlook for Fixed Income: Stagnant Prices, Tighter Money

Interest rates are nearing a lower bound, David Schawel, CFA, tells Will Ortel during a recent Take 15 interview. “Most likely we’re not going to be in a 30-year bull market for interest rates falling again,” he said. So what does this mean for fixed-income investors?

Helicopter Money: An Idea Whose Time Has Come?

What's the cause of the current global economic malaise? Lord Adair Turner believes it all comes down to debt. His proposed solution? Helicopter money, or what he prefers to call "overt monetary finance of increased fiscal expenditure."



By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close