From Liberty Street Economics — this post authored by Thomas Klitgaard and James Narron It always seemed to come down to railroads in the 1800s. Railroads fueled much of the economic growth in t...
China is upset with “speculators.” You see it’s not that China’s economy is “landing hard” and it’s not that a massive yuan devaluation is almost a foregone conclusion. No, it’s that ...
SunEdison, Inc. (SUNE – Analyst Report) is expected to report fourth-quarter 2015 results on Feb 17. Notably, the company posted wider-than-expected loss in the last quarter. Let us see how t...
Whether you are Warren Buffet, Carl Icahn or Bill Ackman cutting losses is the hardest thing to do in Financial Markets these days. (Video length 00:09:03)...
The ECB recently launched a review of the €500 bill. In all likelihood, the €500 bill is about to vanish. Is this a first step in a war on cash or is this a war on money laundering? ECB president...
Paul Krugman has a post up highlighting some of the lessons we’ve learned since 2008. He’s using a Liquidity Trap model, which, regular readers know I’ve been very critical of (see here and...
We are sure this is nothing to be worried about – and is likely just “transitory” – but just in case, here is some more recession-fiction to peddle… Yet another weekly ...
We start with some observations on the latest developments in the global credit and rate markets (from Merrill Lynch, Citi, CS, Morgan Stanley and others). Bank Credit 1. Bank CDS spreads are catchin...
“Is it risky?” is one of the first questions you should ask about a new investment. Everyone wants investments with low risk and high returns, but it’s not always realistic. And most importantly...
Over the weekend, the following happened: China’s exports and imports fell by 11.2% and 18.8%, respectively, numbers which, for a trading power, are nothing short of apocalyptic. Japan’s Q4 GDP sh...