Posts From Mikala Sorenson
U.S. Fed holds the fuse to Singapore’s bubble time bomb
The United States’ monetary policy has far-reaching, sometimes unintended consequences, and these past few years have seen unprecedented liquidity injections from the Fed. One way the stimulus manifests itself is
Are loans causing U.S. financial markets to overheat again?
Low interest rates in the U.S. enabled the 2013 bull market but have also created the conditions for another credit bubble. Covenant-lite loans, the latest financial innovation, could spell trouble.
Will Greece have to ask for additional debt relief?
Greece’s debt-to-GDP continues to rise and is now at 175 percent. Simply put, the Euro has proven too expensive for Greece. Like Sisyphus pushing the boulder up the mountain, in
Czech Republic joins currency debasement race
Markets flooded with koruna as the Czech central bank pursues ambitious inflationary target. When faced with the issue of no-growth, sometimes even deflation, what do you do as a responsible
Strong British Case in EU Clash over Banking Bonuses
The UK is taking legal action against the EU, the cause being disagreement over banking bonuses. It is another case among a flurry of legal actions against EU rules, such
India’s Economic Ills Cause Rupee to Tumble
With tapering looming on the horizon, and many observers predicting the Fed to start hiking interest rates very soon, the rupee has been plunging downwards to record lows. Low interest
Prediction Markets may Revolutionise Business Forecasting
Prediction markets are a type of financial market (also known as information markets or event futures), in which participants trade in contracts whose payoffs depend on unknown future events. Of course,
Brazil’s Trade Stuck between Mercosur and EU
Brazil, being one of the BRICs and a country that economists fantasize about after having reached the verge of depression from looking at the EU, is facing a dilemma that