Financial Markets

Random musings on global financial markets, technology, physics and geopolitics

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Satyajit Das : Back to the Future

November 23rd, 2009 · No Comments · Geopolitics, Markets

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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Credit Default Swaps – an informed perspective

April 12th, 2009 · No Comments · Markets

The last paragraphh is very interesting  !!! Credit Default Swaps – Through The Looking Glass Posted At : April 12, 2009 12:42 AM | Posted By : Satyajit Das CDS contracts and credit derivatives are complex and powerful financial instruments that frequently have unforeseen consequences for market participants and the financial system. As former New […]

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Satyajit Das on Credit Default Swaps

March 19th, 2009 · No Comments · Markets

Credit Default Swaps – Exercises in Surrealism March 16, 2009 5:35 AM |  Satyajit Das At the quantum level, the laws of classical physics alter in intriguing ways. In financial markets, at the derivative level, the rules of finance also operate differently.The derivative industry’s indefatigable advocacy of credit default swaps (“CDS”) centers on the fact […]

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