• rcwhalen
    11/25/2015 - 08:58
    "This is legal?" Stephanie Ruhle on CDS after watching "The Big Short" (Bloomberg TV) 

Risk Based Capital

Tyler Durden's picture

Volatility Is The Square Root Of Time & Fat Tails

The trio of macro-prudential policy, the onset and evolution of shadow banking, and the nebulous concept of financial stability may have become a toxic cocktail which can be instrumental in moving forward the Federal Reserve’s timeline for lift-off zero bound rates.  The intuition here is stooped in concepts of volatility and how market structure evolution may contribute or detract from asset volatility. Volatility is the square root of time. Financial repression times time equals volatility. Financial repression and/or macro-prudential policy times time equals the inverse of financial stability. Financial stability inverted equals volatility squared.

Tyler Durden's picture

Frontrunning: March 6

  • 5 Things to Watch in February’s Jobs Report (WSJ)
  • Draghi Declares Victory for Bond-Buying Before It Starts (BBG)
  • Apple Pay Sign-Ups Get Tougher as Banks Respond to Fraud (WSJ)
  • As World’s Hottest Economy Unravels, Nigerians Feel the Squeeze (BBG)
  • EU discontent over French budget deal's 'political bazaar' (Reuters)
  • Foreign Takeovers See U.S. Losing Tax Revenue (WSJ)
  • Goldman Shareholders’ Hope for Bigger Payout Dashed by Fed (BBG)
  • Europe Stocks Headed for 31% Surge This Year Amid QE, Citi Says (BBG)
  • Dollar revs up for jobs data, euro bonds rally on ECB (Reuters)
rcwhalen's picture

FirstMerit + Citizens Republic: Call it Zombie Love (or Financial Repression)

The acquisition of CRBC by FMER provides a stark illustration of the fundamental conflict between the Fed’s “dual mandate” and its legal responsibility to supervise the nation’s banks. 

Reggie Middleton's picture

Who Will Be The Next JPM?

Just As I Warned Of JPM's Exposure, Those Other Warnings Will Come To Pass As Well. I pull stuff out of my analytical archives and low and behold, who do I find?

Reggie Middleton's picture

The Goldman Grift Shows How Greece Got Got

Not many websites, analysts or authors have both the balls/temerity & the analytical honesty to take Goldman on. Well, I say.... Let's dance! This isn't a collection of soundbites from the MSM. This is truly meaty, hard hitting analysis for the big boys and girls. If you're easily offended or need the 6 second preview I suggest you move on.

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