330 Results for:

January 30, 2006

Emerging Markets
It is hard to bet on curve flattening when the curve is already flat

Or spread compression when spreads have already compressed. As David Altig kindly noted, I was quoted in Clint Riley's Wall Street Journal story about the impact of a flat yield curve on bank earning…

September 16, 2006

China
Gunboat diplomacy isn’t what it used to be …

Alan Beattie.In any case, here is last year's annual IMF health-check on China: "The staff reiterated the need for greater exchange rate flexibility in China, emphasising that an early move is warra…

December 14, 2009

China
Getting Past Captain Renault

Sunday’s New York Times reports that the United States has entered into talks with Russia about cybersecurity. Given the large number of attacks and probes that seem to come from Chinese IP addresse…

December 17, 2009

Brazil
Venezuela’s Risk Unhinged

The credit risk of oil exporting countries such as Venezuela and Russia tends to move with the price of oil. As a country’s oil export revenue improves, so does its ability to pay its debts. Recent…

2009.12.16.VEN

February 15, 2010

Asia
Burma’s Turning Point?

In the Lewis Carroll world of Burmese politics, where nothing is at it seems and deadlock is the norm, any potentially positive news must be viewed cynically. Still, the announcement by the Burmese j…