Posts From Mikala Sorenson

Back to homepage
Asia Pacific Finance

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

Finance North America

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.

Finance North America

Could Puerto Rico default?

Puerto Rico is about to follow in the footsteps of Detroit, with few options left but declaring bankruptcy. With U.S. retirement funds relying on Puerto Rican bonds in portfolios, the

Economics Europe

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

Economics Europe

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

Europe Finance

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

Finance International

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,

Economics Latin America

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

International Politics

Op-Ed: Don’t Boycott the Games

“Don’t boycott the Games.” This sentiment can be heard from several sides of the debate regarding Putin’s ban on homosexual athletes competing in Sochi at the Winter Olympics in 2014.