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…
By
Mehdi Farooq
Abdul Akram
April 01, 2020
In: Deep Dives |
Economics
Growth & Labour Market
April 01, 2020
COVID-19 is wreaking havoc on our lives, health, and the economy. Given the global scale of action to combat the virus, it’s no far stretch to equate the…
By
C. B. Anker
March 26, 2020
In: Deep Dives |
Data, Models & Market Infrastructure
March 26, 2020
This piece is written by someone who has built DSGE models at various central banks. They prefer to write anonymously: Having read the recently…
By
Mehdi Farooq
March 25, 2020
In: Deep Dives |
Data, Models & Market Infrastructure
Economics
March 25, 2020
DSGE models were bashed during the Great Recession for their inability to foresee the crisis. Yet, they are still central banks’ go-to macroeconomic tool…
By
Thorsten Wegener
March 18, 2020
In: Deep Dives |
Investment Strategy
March 18, 2020
Is there a concept to approach ‘Peak Volatility’? And if not, why not? No, I am not mixing my words up over recent, let’s politely call it erratic, market…
By
Thorsten Wegener
March 18, 2020
In: Deep Dives |
Equities
Investment Strategy
March 18, 2020
My wife is an ardent fan of the Macro Hive WhatsApp group. It’s got some very bright minds exchanging ideas and analysing the daily happenings in…
By
Mehdi Farooq
March 11, 2020
In: Deep Dives |
Sustainability & Social Issues
US
March 11, 2020
Social distancing is currently considered one of the most effective mechanisms to control COVID-19. But what can history tell us about how well this type…
By
Bilal Hafeez
March 04, 2020
In: Deep Dives |
Business & Technology
Data, Models & Market Infrastructure
March 04, 2020
Forecasting financial crises is difficult. The data comprises a limited set of observed instances and signals a warning only when it is already too late…
By
Thorsten Wegener
February 26, 2020
In: Deep Dives |
Equities
Investment Strategy
February 26, 2020
Some months back I published an article explaining the so-called Gamma-Flip. It was just when it became fashionable to use terms firmly anchored in…
By
Mehdi Farooq
February 26, 2020
In: Deep Dives |
Credit
Monetary Policy & Inflation
US
February 26, 2020
When the US economy sneezes, every other country catches a cold. Many investors have long felt this, and in recent years academics have provided…
By
Siddharth Latwal
February 19, 2020
In: Deep Dives |
Investment Strategy
February 19, 2020
Countless disclaimers tell us that “past performance is no guide to future performance”, but in mutual funds, many investors think it is. And not only…
By
Manan Shah
February 19, 2020
In: Deep Dives |
FX
February 19, 2020
The FX markets are the largest financial markets in the world with an average daily trading volume of over $6 trillion. The trading volume in FX swaps…
By
Stefan Posea
February 12, 2020
In: Deep Dives |
Monetary Policy & Inflation
Rates
February 12, 2020
In the last two decades, central banks have significantly increased communication towards the public in the form of speeches, reports, press…
By
Apurv Jain
Neil Seeman
February 05, 2020
In: Deep Dives |
Data, Models & Market Infrastructure
February 05, 2020
Imagine you are the CEO of a well-known asset management company. You are sitting in a meeting with a new data vendor, your new…
By
Bilal Hafeez
February 03, 2020
In: Deep Dives |
Data, Models & Market Infrastructure
Sustainability & Social Issues
February 03, 2020
Scientific consensus has long been reached on a link between human activities and climate change. But now investors have taken notice, and…
By
Mehdi Farooq
January 29, 2020
In: Deep Dives |
Economics
January 29, 2020
Economics lags other social sciences, such as history, anthropology, and sociology, in understanding the ways narratives (stories) affect human actions…
By
Saeed Amen
January 29, 2020
In: Deep Dives |
Business & Technology
January 29, 2020
I’ve been a quant strategist in FX for nearly 15 years. At the start of my career, quant was somewhat of a niche area. Typically, most of my interactions…
By
Stefan Posea
January 22, 2020
In: Deep Dives |
Equities
Investment Strategy
January 22, 2020
Safe assets have been all the rage since the financial crisis. They’re in high demand as collateral in repo transactions, for use to meet…
By
Bilal Hafeez
January 22, 2020
In: Deep Dives |
Data, Models & Market Infrastructure
FX
January 22, 2020
While most markets like equities and bonds have well-established valuation models, FX markets often baffle people. What anchors the value of a currency?
By
Mehdi Farooq
January 15, 2020
In: Deep Dives |
Credit
Economics
Monetary Policy & Inflation
Rates
January 15, 2020
A new paper by Harvard economist Paul Schmelzing, Eight centuries of global real interest rates, R-G, and the ‘suprasecular’ decline, 1311-2018, puts…
By
Abdul Akram
January 15, 2020
In: Deep Dives |
Business & Technology
Investment Strategy
January 15, 2020
How does one avoid investing in a company like WeWork? Its original IPO valuation was $47bn but it ended up being valued closer to $14bn…
By
Presiyana Karastoyanova
January 09, 2020
In: Deep Dives |
Investment Strategy
Sustainability & Social Issues
January 09, 2020
Dissecting a company’s quarterly earnings report, digging into business models, and looking for signs of mispricing: for most value investors…
By
Bilal Hafeez
January 09, 2020
In: Deep Dives |
Data, Models & Market Infrastructure
Geopolitics
Investment Strategy
January 09, 2020
By
Thorsten Wegener
January 09, 2020
In: Deep Dives |
Equities
January 09, 2020
With the S&P 500 and almost every other major index at critical junctures, loading up on gamma could be a smart move. But what is it?…
By
Bilal Hafeez
December 18, 2019
In: Deep Dives |
Fiscal Policy & Inequality
December 18, 2019
Numerous theories claim to explain the gender gaps in pay and promotions. But one of the most compelling is the ‘the old boys’ club’…
By
Mehdi Farooq
December 18, 2019
In: Deep Dives |
Equities
Investment Strategy
December 18, 2019
Equity factor investors choose stocks based on certain attributes that generate consistently higher returns. Common ones include…
By
Thorsten Wegener
December 18, 2019
In: Deep Dives |
Equities
Investment Strategy
December 18, 2019
There is a new buzzword in town: ‘Gamma Flip’. It is used to explain (due to a lack of any sane explanation for current market behaviour) why the S&P seems stuck…
By
Bilal Hafeez
December 04, 2019
In: Deep Dives |
Sustainability & Social Issues
December 04, 2019
One of the clearest effects of climate change is sea level rise (SLR). The scientific community expects a global average SLR of around 3-6 ft. over the next century…
