…is incomprehensible: Usually, it would be easy enough to dismiss these sideshows as the inevitable gear-grinding of democracy. This is an extraordinary time, though. The credit markets are nearly dysfunctional,…

…has the ability to police markets alone. “Let’s be clear — no single jurisdiction can resolve all the problems of globalization,” said Pierre Delsaux, a senior markets regulator at the…

…the Barron’s cover story […] The Commodity Exchange Act addresses excess speculation in commodity markets, and states that “the Commission shall…fix such limits on the amounts of trading which may…

…method, analyst Briese…estimates that the index funds hold about $211 billion worth of bets on the buy side in U.S. markets. Applying a similar method, but with slightly different assumptions…

…The reason we regulate markets over and above normal corporate law is that from time to time markets fail and these failings have devastating consequences. If the purpose of regulation…

…S argument depends on capital markets being rational. This is also highly questionable, especially in the world of foreign exchange markets. They are as unpredictable, weird, and anomalous as any…

It seems that market sentiment has abruptly turned in the past week or two. In late March the financial markets were abuzz with inflation fears. Now, on the other hand,…

…close to recent sales in their neighborhood, and buyers, sensing prices are declining, will wait for even lower prices. This means real estate markets do not clear immediately, and what…

…term view of the economic situation (and capital markets) are US interest rates, the trajectory China finds itself on, the price behavior of commodities and geopolitics. Interest Rates Classical methods…

…vascillates from praising the FDA at being better at science than Health Canada (“Foreign regulatory requirements and drug specifications differ”) to arguing the FDA is inefficient and inaccurate at labeling….