Financial Markets

A nice thought peice . .
Keeping America’s Edge
JIM MANZI
The United States is in a tough spot. As we dig ourselves out from a serious financial crisis and a deep recession, our very efforts to recover are exacerbating much more fundamental problems that our country has let fester for too long. Beyond our short-term worries, and [...]

[Read more →]

Moscow
Just before Christmas in 1997, as a tumultuous stock-market crisis ravaged emerging markets in every corner of the globe, readers of the Wall Street Journal were treated to some good news: Russia was going to emerge from the mess unscathed. While conceding that “few debt markets outside Southeast Asia were hit harder by recent financial turmoil [...]

[Read more →]

A nice article that explores many areas . . . and captures some of the truth.
Organic mechanics
By Clive Cookson, Gillian Tett and Chris Cook, ft.com
Published: November 26 2009 21:43 | Last updated: November 26 2009 21:43

What do you call a financier in search of the iron laws of human behaviour? Answer: someone with a bad [...]

[Read more →]

We must get ready for a weak-dollar world
By Jeffrey Garten
Published: November 29 2009 20:02 | Last updated: November 29 2009 20:02

The two most significant structural consequences of the recent financial debacle are the massive deficits and debts of the US and the shift of economic power from west to east. There is only one effective way [...]

[Read more →]

Agree with Willem Buitler . . . stay tuned as 2010 could be another year of volatile financial markets as the difficulties spread to nation-states.

Willem Buitler : Professor of European Political Economy, London School of Economics and Political Science; former chief economist of the EBRD, former external member of the MPC; adviser to international organisations, governments, [...]

[Read more →]

A global market perspective that I agree with . . .

November 23, 2009
The Future That Was
China’s economic model is reminiscent of 17thcentury mercantilist policies. Thomas Mun, a Director of the East India Company, in England’s Treasure by Foreign Trade (1664), wrote that the purpose of trade was to export more than you imported. At the same [...]

[Read more →]

Below is the complete presentation; a top level perspective.

A year ago, when I presented at this conference, the mood was one of uncertainty and fear. Our industry was rocked to the core, buffeted by extraordinary volatility, and, in the credit markets, extreme illiquidity. Twelve months later, conditions across financial markets have improved significantly, and to [...]

[Read more →]

Always admired John Mack. See what he did at Morgan Stanley.
Inside the Bunker: CEO John Mack on Saving Morgan Stanley
Published : October 14, 2009 in Knowledge@Wharton
During the depths of the global financial meltdown in September 2008, John
Mack faced the most critical moment of his tenure as CEO of Morgan Stanley.
The investment bank was nearly out [...]

[Read more →]

Japan must shake off US-style globalization
The likely next prime minister outlines his hopes for a more Asia-focused Japan.
By Yukio Hatoyama
from the August 19, 2009 edition

Print this
Buzz up!
Email and share
E-mail newsletters
RSS

TOKYO – In the post-cold war period, Japan has been continually buffeted by the winds of market fundamentalism in a US-led movement that is more usually [...]

[Read more →]

Required reading for any student of the global financial markets. Read all 477 pages here

[Read more →]