Remember This from FTX Bankruptcy and You Can Thank Yourself Later
The fall of crypto exchange FTX is a brutal lesson in fear and greed. Not the fear of losing but the fear of missing...
CRYPTO CONTAGION: Will Exchange Troubles Cause a Panic?
Cryptocurrency exchange FTX has been forced to seek a rescue from its rival, Binance, in order to avoid collapse. Joshua Oliver reports in the...
Is Currency Hedging a Future Systemic Risk?
In the Financial Times, Antonio Foglia makes the case that currency hedging as being done today could pose significant risks to the world's financial...
How Long Can Japan Maintain Yield Curve Control?
Mohamed El-Erian suggests that Japan's policy of yield curve control will inevitably be ended. So how long can it last? He writes in the...
Could America’s Markets Melt Down Like the UK’s?
UK Prime Minister Liz Truss resigned today, largely in the wake of a market meltdown in UK bonds (gilts) that followed the unveiling of...
Pensions Snagged by LDIs Rescued by Bank of England
UK pension funds that were engineering their way around the Bank of England's super low-interest rates have now had to be saved by, you...
TRUST BUSTING: Binance Hit by Hack Demoralizes Crypto Owners
Hackers stole $570 million in tokens from Binance, the world's largest crypto exchange on Friday. The theft is another blow to the trust of...
American Multinationals Face Dollar Domination Reckoning
American companies that generate a lot of their revenues overseas are facing uncertainty over the dollar's surge. The Financial Times reports:
A surging dollar creates...
UK PLAN: Spend More, Collect Less
New Prime Minister of the UK, Liz Truss, and her team have announced a new plan to cut taxes and spend more. Max Colchester,...
Japan Steadies Wobbling Yen
Japan has intervened in its currency market for the first time since 1998 to stablilize the yen. Kana Inagaki and Leo Lewis report for...