Markets and reality disconnected
byThe behaviour of financial markets these days is frankly divorced from reality, with value-investing banished. Markets have become distorted by Rumsfeld-knowns such as interest…
Economics
Should governments impose stricter regulations on large firms?
byFrenchman Jean Tirole of the University of Toulouse won the 2014 Nobel Prize in Economic Sciences for devising methods to improve regulation of industries…
Four Reasons the Bernanke-Yellen Asset-Price Inflation May Be Nearing Its End
byThere are strong indications that the remarkable run up of asset prices in the last few years is beginning to run out of steam…
The Economist discovers the Entrepreneur.
byIn its latest edition, in a piece entitled ‘Monetary policy: Tight, loose, irrelevant’, the ineffably dire Ekonomista considers the work of three members of…
Fed introduces new economic indicator to better assess the labour market
byEconomists at the Federal Reserve have devised a new indicator, which they hold will enable US central bank policy makers to get better information…
Ten problems, or just one?
by“Sir, The next financial apocalypse is imminent. I know this to be true because the House & Home section in FT Weekend is now…
A market reset due
byRecent evidence points increasingly towards global economic contraction. Parts of the Eurozone are in great difficulty, and only last weekend S&P the rating agency…
Market failure
by“There are two ways of learning how to ride a fractious horse; one is to get on him and learn by actual practice how…
Is an increase in capital goods orders always good for the economy?
byOrders for US non-military capital goods excluding aircraft rose by 0.6% in August after a 0.2% decline in July to stand at $73.2 billion….
The velocity myth
byIf there is one concept that illustrates the difference between a top-down macro-economic approach and the reality of everyday life it is the velocity…