To Find the Cause of the Crisis, Answer These Questions!

Sometimes, when you lose a debate, you have to just let it go. That seems to be a problem for those who are unwilling to accept the complex realities of what actually caused the financial crisis. I have been saying for a long time that many elements contributed to the global financial meltdown. From ultralow…

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10 Wednesday AM Reads

Mid-week already? My morning train reads: • What issue in the world of finance isn’t getting enough attention? (Peter Lazaroff) • Ignorance of The Future (Irrelevant Investor) see also My Investing Pet Peeves (A Wealth of Common Sense) • We went to China’s Silicon Valley to see the front lines of the robot wars (The Verge) • Trump’s America: Switching political…

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Trump, Policy, Markets

Trump, Policy, Markets David R. Kotok Cumberland, January 17, 2017       As Don Rissmiller of Strategas Research Partners succinctly points out: “There are four types of government policy that can be used to steer the economy: 1) monetary policy, 2) fiscal policy, 3) regulatory policy, and 4) trade policy.” We will use Don’s…

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MIB: Brett Steenbarger, Professional Coach for Traders

This week, I speak with Dr. Brett Steenbarger, a clinical psychologist who has published numerous articles and books on trading psychology. He is a clinical associate professor of psychiatry and behavioral sciences, and works as a trading coach with such storied forms as Tudor Investments. He blogs at TraderFeed. He earned his bachelors degree at Duke in…

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10 Tuesday AM Reads

Back from the long weekend; kick off right with our pre-inauguration morning train reads: • The Simple Economics of Machine Intelligence (Digitopoly) see also Harnessing automation for a future that works (McKinsey) • Pundits, Facts and the Future (Bloomberg View) • The Curse of Econ 101: When it comes to basic policy questions such as the minimum wage, introductory economics…

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“Helicopter money” – reality bites

Commentary by Mr Claudio Borio, Head of the Monetary and Economic Department of the Bank for International Settlements, and Mr Piti Disyatat, Executive Director of the Puey Ungphakorn Institute for Economic Research, Bank of Thailand, in Nikkei Asian Review, published on 4 September 2016. Since the Great Financial Crisis, central banks in the major economies have…

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