By
Sam van de Schootbrugge
September 23, 2020
In: Deep Dives |
Data, Models & Market Infrastructure
FX
Investment Strategy
September 23, 2020
The academic paper we review this week shows that a carry trade in volatility, a long-short strategy that buys implied volatility at…
By
Sam van de Schootbrugge
September 16, 2020
In: Deep Dives |
Business & Technology
Credit
September 16, 2020
The Study in a Nutshell A new BIS paper finds that Big Tech lenders using big data to assess creditworthiness hold informational…
By
Sam van de Schootbrugge
September 09, 2020
In: Deep Dives |
Business & Technology
September 09, 2020
The Study in a Nutshell From 1 March 2017 to 31 March 2018, the actual Bitcoin price rose from around $1,191 to…
By
Sam van de Schootbrugge
September 02, 2020
In: Deep Dives |
Economics
Investment Strategy
September 02, 2020
Introduction Policymakers need timely information on capital flows to inform decisions on monetary policy and foreign exchange intervention. Official balance of payments…
By
Sam van de Schootbrugge
August 26, 2020
In: Deep Dives |
Data, Models & Market Infrastructure
Investment Strategy
US
August 26, 2020
With the US presidential elections a little over two months away, what can we infer from the existing body of literature around…
By
Sam van de Schootbrugge
August 19, 2020
In: Deep Dives |
Investment Strategy
Rates
August 19, 2020
The Study in a Nutshell There has always been a question of how hedge funds and asset managers make money. By exploiting…
By
Sam van de Schootbrugge
August 12, 2020
In: Deep Dives |
Business & Technology
Monetary Policy & Inflation
August 12, 2020
The Context A new IMF paper looks at how innovations in information and communication have (i) provided greater opportunities for new financial…
By
Sam van de Schootbrugge
August 05, 2020
In: Deep Dives |
COVID-19
Sustainability & Social Issues
August 05, 2020
The Study in a Nutshell The World Health Organization declared COVID-19 a global pandemic on 11 March 2020. Almost no country has…
By
Sam van de Schootbrugge
July 29, 2020
In: Deep Dives |
COVID-19
Data, Models & Market Infrastructure
July 29, 2020
Changing Behaviour is More Important Than Easing Lockdown Measures The COVID-19 pandemic has dealt both health and economic blows. As new data…
By
Sam van de Schootbrugge
July 22, 2020
In: Deep Dives |
Equities
Fiscal Policy & Inequality
July 22, 2020
The Tax Cuts and Jobs Act – Some Win, Some Lose, Markets Got It Wrong On the 22 December 2017, President Trump…
By
George Goncalves
July 15, 2020
In: Deep Dives |
Economics
Monetary Policy & Inflation
Rates
US
July 15, 2020
What is liquidity? In market parlance, it’s the idea that investors have the ability to quickly buy or sell an asset without…
By
Bilal Hafeez
July 15, 2020
In: Deep Dives |
Emerging Markets
FX
July 15, 2020
‘Emerging’ Asia economies are now as large as advanced economies, yet investors continue to show bias towards trading developed markets.At the same…
By
Thorsten Wegener
July 08, 2020
In: Deep Dives |
Equities
Investment Strategy
July 08, 2020
‘Be water my friend.’ Elegant, insightful, evocative, and one of the best-known quotes of perhaps the greatest martial artist of all time,…
By
Sam van de Schootbrugge
July 01, 2020
In: Deep Dives |
Data, Models & Market Infrastructure
Growth & Labour Market
US
July 01, 2020
A provocative new paper argues that US labour market data contains several biases that systematically understate the level of unemployment in the…
By
Sam van de Schootbrugge
June 24, 2020
In: Deep Dives |
Equities
Investment Strategy
Rates
June 24, 2020
The global economy’s problematic re-emergence from the Great Recession revived interest in Alvin Hansen’s 1939 secular stagnation hypothesis…
By
Sam van de Schootbrugge
June 17, 2020
In: Deep Dives |
China & Hong Kong
Economics
FX
June 17, 2020
In 2016, the IMF included the Chinese renminbi (RMB) in the Special Drawing Rights (SDR) basket with a weight of 10.9%. Prior to its inclusion, this…
By
Stefan Posea
June 10, 2020
In: Deep Dives |
Economics
Fiscal Policy & Inequality
June 10, 2020
Demographics are a key driver of long-term macro trends. The link between changing demographics and wealth has significant implications for asset…
By
Stefan Posea
June 03, 2020
In: Deep Dives |
Monetary Policy & Inflation
June 03, 2020
As central banks go deeper into unconventional policies, there is increasing speculation that more of them will engage in negative interest rates…
By
Mehdi Farooq
May 27, 2020
In: Deep Dives |
COVID-19
Emerging Markets
Geopolitics
Sustainability & Social Issues
May 27, 2020
When President Trump suggests that injecting disinfectant could cure COVID-19 both health experts and the disinfectant manufacturers quickly came…
By
Dominique Dwor-Frecaut
May 27, 2020
In: Deep Dives |
COVID-19
Economics
May 27, 2020
Most of the discussion on the economic impact of COVID-19 has focused on demand destruction. Yet two recent academic papers…
By
Caroline Grady
May 20, 2020
In: Deep Dives |
Monetary Policy & Inflation
May 20, 2020
Central bank bond buying has accelerated at an unprecedented pace during the COVID crisis. The impact of large asset purchases on home markets…
By
Justin Stebbing
May 13, 2020
In: Deep Dives |
COVID-19
May 13, 2020
Imperial Professor, Justin Stebbing, summarises some new research on the impact of COVID on children. Looks like they could be affected after all…
By
John Tierney
May 06, 2020
In: Deep Dives |
COVID-19
Equities
Growth & Labour Market
May 06, 2020
The coronavirus crisis may seem to have dragged on for an age, but the reality is that the initial shock hit markets and most economies less than 2½…
By
Caroline Grady
April 29, 2020
In: Deep Dives |
Economics
Sustainability & Social Issues
April 29, 2020
Governments worldwide are facing tough decisions on how to ease lockdown restrictions. Given the trade-off between the spread of the virus and…
By
Mehdi Farooq
April 22, 2020
In: Deep Dives |
Economics
Monetary Policy & Inflation
April 22, 2020
As the fight against COVID-19 continues, we ask: what lessons from war mobilisation can be employed to fight pandemics? Looking at…
By
Stefan Posea
April 15, 2020
In: Deep Dives |
COVID-19
Equities
April 15, 2020
COVID-related social distancing measures have impacted most businesses but not equally. A recent CEPR paper attempts to model business sectors…
By
Stefan Posea
April 08, 2020
In: Deep Dives |
COVID-19
Equities
April 08, 2020
One of the most interesting academic papers on pandemics is a new NBER paper on COVID (and SARS) case predictions and stock market returns…
By
Bilal Hafeez
April 08, 2020
In: Deep Dives |
COVID-19
Monetary Policy & Inflation
April 08, 2020
There’s been a number of recent papers on the impact of pandemics on economies. A Fed paper looks directly at pandemics going back…
