Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/market-clearing prices

What is competition?

…‘forces’ in the market that somehow impact prices and quality of product or service, and in common usage implies lowering prices overall with some attention to quality. Many of us…

Making the Market to Mark to.

…of desperation allowing banks to make up asset values, because given current market prices they would be insolvent. The argument is that current prices are below fundamental value because of…

Liquidity

…which assets are liquid, liquid markets. Thus liquidity is a property of a market and not of an asset. 5) Liquidity A property of a market in which assets are…

STOCK MARKET VALUATION

…elected president was one of the best time ever to buy stocks. But based on trailing one year earnings the market PE was 25,which said the market was massively overvalued….

Bank risk models and regulation

…is to avoid market failures, we cannot use … risk-models that rely on market prices, or any other instrument derived from market prices such as mark-to-market accounting. Market prices cannot…

Market Capitalism

…for a purpose, in response to a need. Markets shouldn’t be created just for the purpose of selling something. These days, market surveys can accurately measure demand. What about markets