The combination of the fall of the Soviet Union and the rise of China ushered in a period. We live, not in the post-WWII period, but in the post-Cold War era. One of the main characteristics of this period is that it is...
European agreements seem to be always compromise formations. The agreement struck several hours ago on the handling of failing banks is no exception to this generalization. On one side, that included German, the...
This Great Graphic was posted on the Financial Times’ new news delivery service called fastFT. It in turn picked it up from BofA Merrill Lynch, who drew on data from the China’s central bank. The orange-ish...
This Great Graphic comes from Visual.ly. It is a map of the world based on IP addresses. The divide is quite familiar and, of course, is partly a function of the pre-internet divide.
As part of a continuing effort by the Bank of Japan to increase the investment community’s understanding of its policies, the representative office here in NY hosted a meeting with a Tokyo-based BOJ...
Yesterday the EU announced new rules of the conduct of rating agencies in terms of their sovereign assessments. The rules appear aimed at making the changes of ratings less disruptive for the both issuers and investors, but...
The dollar is the king of castle, extending yesterday’s post-Fed rally across the board. Emerging market currencies have been particularly hard hit and we note that the Turkish lira is at new record lows. Asset...
A couple of weeks ago, we posted a graph that depicted the transmission mechanism of US monetary policy. We follow up that with a Great Graphic of how the ECB understands the transmission mechanism of its monetary...
We get it. According to the UK Tory-led government the best person in the world to head up the Bank of England is Canada’s central bank governor Carney. He takes the reins the beginning of next month. We have suggested...
This Great Graphic was posted by the World Economic Forum twitter here. They think it is about the development of the ASEAN countries, helped by the rise of China. Consistent with this, but from a somewhat...