Business

The Duke-Powell-Stein “Taper Caper”

The Duke-Powell-Stein “Taper Caper”

The Duke-Powell-Stein “Taper Caper” In a recent post, I described the culture of consensus that is the basis for Federal Open Market Committee decision-making. I pointed out that there has not been a No vote by a governor in ten […]

How Scranton Became Broke

The Real Story of How Scranton Became Broke

The Real Story of How Scranton Became Broke Whispers abound concerning the tale of how the city of Scranton ran into its current misfortunes. The story is like one of those legends that are only spoken orally. Many fear that […]

Do Defensive Sectors Outperform In Down Markets?

Do Defensive Sectors Outperform In Down Markets?

Do Defensive Sectors Outperform In Down Markets? by Andrew Birstingl, FactSet With U.S. stock indices in the red to start the year and market volatility beginning to climb, some are suggesting that investing in the defensive sectors may be a […]

Catalytic IMF? A Gross Flows Approach

Catalytic IMF? A Gross Flows Approach

Catalytic IMF? A Gross Flows Approach Aitor Erce European Stability Mechanism Daniel Riera-Crichton Bates College 2015-11-01 Globalization and Monetary Policy Institute Working Paper No. 254 Abstract: The financial assistance the International Monetary Fund (IMF) provides is assumed to catalyze fresh […]

What’s A Bond Investor To Do?

What’s A Bond Investor To Do?

What’s A Bond Investor To Do? By Pat Reilly, FactSet What a start to 2016! The U.S. equity market is off to the worst start to a year ever. Oil prices continue to tumble from the 2014 peak, without a […]