259 Results for:

September 16, 2008

Financial Markets
Lehman v Argentina

I am guilty of instinctively comparing large defaults to the Argentina’s default. That is the largest default that I know well. And Lehman qualifies as a large default. John Jansen reports one …

December 15, 2017

United States
Why The Trade Balance (Still) Matters Why The Trade Balance (Still) Matters

It is a useful indicator (even for the U.S.)

September 13, 2013

Global
Reflecting on Lehman’s Global Legacy

Experts from the United States, Europe, and the Middle East reflect on the impact and legacy of the Lehman Brothers bankruptcy five years ago.

May 30, 2017

Group of 7 (G7)
G7 leaders meet in Sicily The Group of Seven (G7)

The G7 serves as a forum for highly industrialized democracies to coordinate economic, security, and energy policy, but the new U.S. administration has stirred questions about the group’s cohesion an…

April 26, 2017

Economics
financial market Is It Time for Markets to Worry About Political Risk?

Jens Nystedt is a senior portfolio manager and head of sovereign research on the Emerging Markets Debt team at Morgan Stanley Investment Management.  Nearly 100 days into his term, President Trump f…

March 3, 2016

Europe and Eurasia
CoCo Nuts Have Been Hammered, but the Market Is Doing Just Fine CoCo Nuts Have Been Hammered, but the Market Is Doing Just Fine

Anxiety over whether Deutsche Bank would suspend interest payments on its contingent convertible bonds, otherwise known as CoCos, fueled a February selloff in the $250 billion market – as well as …

October 26, 2016

Monetary Policy
foreign-private-purchases Inflows from Private Bond Investors Into the U.S.

The global capital flows story these days is complex. I wanted to build on Landon Thomas’ article with a set of charts drawing out how I think large surpluses in Asia and Europe are now influencing t…

October 18, 2016

Monetary Policy
usd Large Scale Central Bank Asset Purchases, by Currency

In an earlier post, I added reserve purchases by the world’s major emerging market central banks, Japan and Switzerland to the bonds purchases by the Fed, the BoJ, the ECB and Bank of England. I want…

September 12, 2013

Diplomacy and International Institutions
Russian president Vladimir Putin walks past U.S. president Barack Obama during a group photo at the G20 summit in St. Petersburg (Kevin Lamarque/Courtesy Reuters). The World Next Week: Washington and Moscow Spar on Syria, Oslo Accords Twenty Years On, Lehman Brothers Collapse Five Years Later

The World Next Week podcast is up. Bob McMahon and I discussed the continuing crisis in Syria, the twentieth anniversary of the Oslo Accords, and the state of the economy five years after the Lehman …