Archive for December 11th, 2013

Global Financial market outlook resembles a eagle?

December 11, 2013

A nice article by Pimco’s Bill Gross.

He says market outlook is like a winged eagle which could swerve  either right or left depending on which way the central banks talk/move:

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Why do measures of inflation disagree? Case of US CPI and PCE..

December 11, 2013

A superb note by Yifan Cao and Adam Hale Shapiro of San Francisco Fed.

US has two broad measures for calculating inflation at consumer level – CPI and Fed preferred Personal Consumption Expenditure. They look at reasons for difference between the two measures:

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Simplicity is the ultimate sophistication…

December 11, 2013

Was famously quoted by Leonardo Da Vinci. Mr Klaas Knot, President of the Netherlands Bank talks about need to simplify finance.

He said regulations should also be worried about banks becoming too complex to fail:

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Shiller vs. Fama at Economics Nobel ceremony

December 11, 2013

The Prize lectures are up. We have both youtube videos and pdf slides.

Starts with Fama saying he does not know what a bubble is and Shiller defining a bubble..

Have just started watching…Superb stuff..Debate on financial markets at its best..


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