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 a government is in charge of its own currency, no…
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 in March 2019, the model forecast a US recession starting…
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 crisis. In the past week leveraged loans have fallen to…