Can It Be True, that HSBC's Impairments Costs Are at a 26-Year Trough?
We actually have data for HSBC through 1991, so we can corroborate that indeed, its quarterly impairment costs are the lowest ever on record – at...
181 Views
BoE Set to Tighten Macroprudential Policy
China’s stretching credit cycle, combined with rising UK unsecured credit and household leverage, have returned the risk environment to a standard...
134 Views
Money Matters: The Failure of Inflation Targeting and the Implications for the Cost of Capital.
Advocates of inflation targeting claim that central banks can control prices through monetary policy and that by targeting a relatively low and...
917 Views
Money Matters: Deutschland Über Alles?
Eurozone inflation announced today came in "on target" at 2% for the first time in 4 years!! To give credit where credit is due, between 2001 and...
648 Views
Money Matters: Ready for Lift-Off?
The Personal consumption expenditure numbers in the US were released today. Income grew 0.4% MoM, an annualised rate of nearly 5% but the deflator...
176 Views