…to market problem. How ? Now I have more assets to mark to market – the original instrument and the CDS that my SPE wrote me. Well fortunately AA rated…

…look at the spreads of various debt products, you can see that the market was doing that type of job even in 2007. For instance, the debt market priced [“rated”]…

…in place for their market. Though Mr. Young mostly noted Japan’s automotive market approach, so I guess he wants more of a socialistic form of central market control. Imagine that,…

The stock market rallies 900 points on Paul Krugman winning the Nobel. Why not this is as good a reason as you often see in the popular press?…

…financial market prices reflect fundamentals. A large set of general equilibrium economies *with complete markets* have multiple equilibria. Which equilibrium occurs is not determined by fundamentals (tastes and technology). With…

…over the next decade. Dean Baker takes the question of the bailout to an even more elementary level, having remembered that there is a market and therefore a “market value”:…

If strong money supply growth is such a problem, why does the stock market like it so much?…

Oldvet– very good on the long run bond market. Here is another chart to put that trend in perspective. I suspect that to get back to the solid trend line…

New England Journal of Medicine reports the following about transparency in the market: On September 6, 2007, Senators Charles Grassley (R-IA), the ranking member of the Committee on Finance, and…

…– as if the market for my stock was precisely the same as the market for “comparable” stocks. Of course, one could always claim that the market for ground beef…