All Set for Take-Off, But When?
The industry’s outlook grows darker by the day. The scale of the crisis makes a sharp V-shaped recovery unlikely. Realistically,…
Stephanie Kelton on Modern Monetary Theory
Lunch with the FT features s one of the leading advocates of Modern Monetary Theory (MMT), the idea that if…
Negative Yield Curves & Recessions!!
According to Cam Harvey's model, the economy usually enters recession 12 months after first turning negative. With the initial inversion…
Regulators Consider Leveraged Loans the new Sub-prime
There have been several high profile warnings from regulators about the potential for leveraged loans to trigger the next financial…