Financial Markets

  AEI OUTLOOKS & ON THE ISSUES The Error at the Heart of the Dodd-Frank Act By Peter J. Wallison AEI Financial Services Outlook Tuesday, September 6, 2011 The underlying assumption of the Dodd-Frank Act (DFA) is that the 2008 financial crisis was caused by the disorderly bankruptcy of Lehman Brothers. This is evident in the [...]

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Very interesting thoughts on a global scale on price, food, free markets, fuel . . . . SEPTEMBER 3, 2011 Can the World Still Feed Itself? Yes, says Nestle’s chairman Peter Brabeck-Letmathe, but not if we burn food for fuel, fear genetic advances and fail to charge for water. By BRIAN M. CARNEY Vevey, Switzerland As [...]

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Interesting read on traders and markets ‘Go for the Jugular’ By The collapse of Greece’s economy, and its domino effect on Spain, Portugal, and other countries in the euro currency zone, is in many ways a replay of an earlier financial crisis–the break-up of the continent’s Exchange Rate Mechanism in 1992. Then, as now, Europe’s [...]

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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 [...]

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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 [...]

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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: [...]

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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 [...]

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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, [...]

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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. [...]

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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 [...]

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