Recent Posts

Cryptocurrencies are affecting real economy

Until now, the surge in cryptocurrency markets has been a sideshow to the financial markets or the real economy. Prices have gone up a lot for bitcoin and other cryptocurrencies, and it’s fun to joke about things with names like Cardano and Monero going up a lot in value, but if it were to all go up in smoke tomorrow, ...

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Virtual reality will make lives better… mostly

There is plenty of talk about how social media, artificial intelligence and robots will change our world. Virtual reality has received less attention. Yet more than 1 million headsets were shipped in the third quarter of 2017, and increases in computing power and bandwidth may make this innovation “the next big thing.” As I see it, even if the early ...

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Stagflation risks could make India hold rates through 2018

Bloomberg An inflation rate that’s breached India’s target and growth that continues below potential will probably prompt the cen-tral bank to keep interest rates unchanged through the coming year. The benchmark repurchase rate will stay at 6 percent until at least the first quarter of 2019, according to most economists in a Bloomberg survey published this month. While swap markets ...

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