Tag Archives: financial speculation

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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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 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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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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Another proof that regulation alone cannot produce sound financial markets

The US Security and Exchange Commission has decided to drop mortgage crises-related charges against several big financial institutions. Do we need more proof that regulation alone cannot safeguard the soundness of financial markets? Continue reading

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Poor Bank Examiners!

The new Volcker rule bans proprietary trading by big banks. But considerable systemic risk challenges remain even after the new Volcker rule has been adopted Continue reading

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Collective-Action Clauses and Crony Capitalism

The hush-hush manner in which the Euro zone has decided to include a Collective Action Clause in all government bonds issued after 2012 smells a lot like crony capitalism Continue reading

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An amazing inadequacy in the architecture of financial markets

The Bank of England was quite aware of the flaws that go into the Libor-rate fixing process but didn Continue reading

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