Tag Archives: transparent financial markets

US Voters tell pundits and analysts that any complacency about the future is dramatically mistaken

The results of the US presidential primaries in Indiana mark a watershed moment not only for US politics. For the first time in recent US history voters have rejected in dramatic fashion the TARP-like effort from the media and political establishment to rescue subject establishment from defeat in the GOP Primary. Continue reading

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The Federal Reserve’s rate hike dance

Prices in Silicon Valley are way beyond the 2% inflation target of the Federal Reserve. Continue reading

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Armageddon in China?

Tweet Observations on the stress in financial markets due to among other the economic slowdown in China Dramatic things are happening in the financial markets. China’s economy is losing steam to such an extent that People’s Bank of China had … Continue reading

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Paul Singer’s Reality Check

“Nobody can predict how long governments can get away with fake growth, fake money, fake jobs, fake financial stability, fake inflation numbers and fake income growth”, says Paul Singer of Elliott Management Corp. He is right. Current economic figures are in deed misleading Continue reading

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The End of Sovereign Bonds without Collective Action Clauses

What are the consequences of a US Court ruling that favors the rights of minority bond holders over the imposition of majority based debt restructuring plan? Continue reading

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More crony capitalism

The fact that stock exchanges who are expected to work as co-regulators rent server space within their own computers to flash traders in order to provide them with faster access to trading data is outrageous. It blatantly violates the equal access rule. Continue reading

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At what point does Money Printing go toxic?

The argument that central banks should not shrink their balance-sheets to “normal”, i.e. pre-crisis levels but leave larger amounts of liquidity in the system for stability’s sake is wrong. It would in deed turn what once was a legitimate policy requirement into a very damaging morale hazard. Continue reading

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The Psychology of an Erupting Massive Fear

Professor Kotlikoff’s analysis of the systemic risk which the 207 trillion US$ public debt is posing to the US bond market is correct. We are no sure, however, whether the danger of that bond market flipping is as imminent as Mr. Kotlikoff has us believe. Continue reading

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The Reform Pattern of the EU Debt Crisis reaches the Emerging Markets

The fall-out from the devastating sub-prime crash first forced the EURO-zone countries to augment their competitiveness. Now, emerging markets are being pushed into similar structural reforms. Continue reading

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The Blind Eye of Mainstream Financial Media

The reaction of financial media to The Wolf of Wall Street shows that their ideological support for free markets is so religious that it would infringe on their piety towards the money market establishment to look at all things therein as they are. Continue reading

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