Cross-posted from VoxEU By Francesco Giavazzi, Professor of Economics at Bocconi University and author (with Alberto Alesina) of “The Future of Europe: Reform or Decline”, and Alberto Giovannini, Chief Executive Officer, Unifortune SGR SpA and Principal Policy Advisor of the European Commission’s Clearing and Settlement Advisory and Monitoring Group (CESAME) Should the crisis spur central […]
Read more...Tim Price reports on the consensus in London re stress tests A low-bandwidth Internet connection on a Baltic cruise liner won’t be the ideal technical infrastructure for making sense of this lot quickly, but Yves is a trouper. Friday (when the Eurobank stress tests are published) should be an entertaining day in the markets, if […]
Read more...A promising start for Greece (FT) Some grumbling in Ireland (h/t Alea) And a row in Hungary (h/t Alea again) …not all on the same trajectory, one hopes. Update: It seems Moody’s don’t like Irish grumbling
Read more...Back in January, the preposterous projected 99-year return on this Green Oil caught my eye; it reminded me of an ostrich scam a few years back, under which, if you took it literally, the entire surface of the world would have been carpeted with ostriches rather quickly; to the great enrichment of all, naturally. Then […]
Read more...Cross-posted from http://www.presimetrics.com/blog/ By Mike Kimel of Presimetrics This post is going to be a bit different, at least for me. Generally I like to write things that are more data oriented, and that involve some pictures and figures. But this is a little story that happened to my wife and me, only a few […]
Read more...By Satyajit Das, a risk consultant and author of Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives – Revised Edition (2010, FT-Prentice Hall). From late 2008 onwards, Governments have spent aggressively, going into or increasing deficits, to increase demand within the economy to offset weak private sector consumption and investment. […]
Read more...By Satyajit Das, a risk consultant and author of Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives – Revised Edition (2010, FT-Prentice Hall). Botox is commonly used to improve a person’s appearance by removing facial lines and other signs of aging. The effect is temporary and can have significant side […]
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