Recent Posts

Can I interest you in a 100-year Boris bond?

A new government with an ambitious fiscal plan should be bold in how it finances such a rapid increase in state spending — especially with money so cheap. Boris Johnson has won an impressive electoral mandate for his Brexit deal, regardless of the slightly overdone jitters around sterling related to his 2020 deadline for a European Union trade deal. So ...

Read More »

Satellites are changing the night sky as we know it

Expect the night sky to start changing fast. One day soon, the stars we can see from Earth could be outnumbered by a vast swarm of satellites. While many people today live under the murk of light pollution, we can at least still travel to a glittering night sky in the mountains, the desert, or at sea. But if communications ...

Read More »

Fed may be quietly masking efforts to calm repo market

Bloomberg Wall Street sleuths are wondering whether the Federal Reserve is quietly doing more to calm the US repo market than just the headline-grabbing liquidity injections that have captivated observers for months. The New York Fed runs something called the foreign reverse repo pool, a place where other nations’ central banks can park cash. The amount outstanding has shrunk by ...

Read More »
Send this to a friend