Category Archives: Finance

Charles Swann: The Kind of High Finance Player / Homme d

Any High Finance Industry should be proud to have such a fine systemic-risk analyst like Mr. Proust’s Charles Swann serving it. Continue reading

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Napol

The US stock market under President Trump has many lessons to learn from Zola’s 1871 novel “The Kill” Continue reading

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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

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 Follow @NoahDenkt

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The contagion risk of a later Grexit will only get worse

There is no viable substitute for dealing with the present Grexit pain here and now. Because things will only get worse as time goes by Continue reading

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Accept a haircut in turn for a Grexit

The sad truth continues to be that Greece remains far, far away from being competitive enough to afford a Euro currency. Continue reading

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Turmoil in the currency markets after Switzerland

Would people in France and Italy who feel bad about their current situation feel less bad if they had their own local currency back? 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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She is not hawkish on inflation

It appears as if Federal Reserve Chairwoman Yellen is more concerned with steering the economy towards full employment rather than keeping inflation down. This is problematic since it is quite doubtful whether we will ever reach the traditional notion of full employment again. Continue reading

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