The Ghosts of Failed Banks Have Returned
Recently, something unusual happened: instead of the more normal reverse repurchase agreements, the Fed escalated its repurchase agreements (REPO).
Human Insight, Computer Power: What is Quantamental Investing?
The world is awash in data like never before. From a person’s morning Uber ride and a favorite coffee spot to the emails sent from their office—all these activities create…
The Business Value of the Blockchain
Blockchain can be an elusive concept. Its abstract nature leaves many wondering if this emerging technology is the global catalyst evangelists claim it to be. But blockchain is more of…
The Week Ahead | 11/04/2019
Happy Monday. Good Luck out there this week. Global Spotlight Nov. 2-4: ASEAN Summit. Leaders from across Southeast Asia will gather in Bangkok for the annual Association of Southeast Asian Nations…
Banking the Unbanked is a $380B Opportunity
For those of us living in North America or Europe, we generally take the near-universal access we have to financial services for granted. Sure, there are many people that have…
More Government Spending Won’t Make the Economy Grow
A key factor that constrains people’s ability to generate goods and services is the scarcity of funding. Contrary to popular thinking, funding for consumption and production is not about money…
The $300 Billion Counterfeit Goods Problem, and How It Hurts Brands
When you are walking along the boardwalk on vacation, you know it’s a “buyer beware” type of situation when you buy directly from a street vendor. Those Cuban cigars are…
Everything You Wanted to Know About Inflation but Afraid to Ask
If the supply of caviar were as plentiful as the supply of potatoes, the price of caviar — that is, the exchange ratio between caviar and money or caviar and…
The Week Ahead | 10/28/2019
Happy Monday. Good Luck out there this week. Global Spotlight Glimmers of Hope for U.S.-China Trade. This week brought a bit of cautious optimism to what had seemed an ever-darkening outlook on the…
Stimulus Brings Stagnation: The Case of Japan
Efforts to stimulate growth end up hampering growth. The Austrian Theory of the Business Cycle (ATBC), pioneered by Ludwig von Mises, explains this seeming paradox. Government reduction of interest rates…