paul.kedrosky.com - 10/30/2008
—
Nice Bloomberg chart of how market liquidity has trended over recent years, with things currently remaining highly restrictive in historical terms: More here .
online.wsj.com - 10/30/2008
—
online.wsj.com —
LONDON -- Three-month U.S. dollar funding costs fell
Thursday, continuing the trend of lower daily fixes since...
the peak on Oct. 10. According to data from the British Bankers' Association, three-month U.S. dollar Libor fell to 3.1925% from ...
(more)
Libor Suggests Liquidity Improving
wheredoesallmymoneygo.com - 10/24/2008
—
wheredoesallmymoneygo.com —
Nothing is perfect. While passive investment products such
as ETFs and Index Funds are gaining favour with...
investors, it should be noted that there are some cons to go with the pros of indexing. One in particular is that indexers suffer from the ...
(more)
Index Funds and the Liquidity Premium
Comments
Blog Reactions
Links 10/30/08
naked capitalism —
Sabretooth tigers hunted in packs BBC Harvard’s Charlie Neeson raises Constitutional questions in RIAA litigation ZDNet Disgruntled call centre worker 'froze customer's bank account in revenge prank' Telegraph I have had my victories. Just not tonight ... Christopher Buckley, Financial Times 'We're not going to win this war' Asia Times A.I.G. Has Used Billions From the Fed but Hasn’t Said for What New York Times. I am glad someone has taken interest in that question. Mizuho $7 Billion Loss Turned on Toxic Aardvark Made in America ...
Related Content
Liquidity
angrybear.blogspot.com 3/9/2009 — Robert Waldmann The word "liquidity" is slippery, since there is not a single solid agreed definition. "Liquidity" refers to different things each of which is very important. I have long been fighting the suspicion that confusion of the various ...
Is Liquidity Really Good for You?
nakedcapitalism.com 5/3/2009 —
One of the arguments apparently being made in Washington by those who oppose regulation of credit default swaps is that it would reduce liquidity and that of course would be a terrible thing. My impression is that no one has endeavored to put ...
What is Liquidity? (Part III)
alephblog.com 9/18/2009 — I have had a number of posts on liquidity over the past few years, in an attempt to explain an ill-understood phenomenon. Here is a sampling:
What is Liquidity? (one of my first posts)
What is Liquidity? (Part II)
The Five Pillars of Liquidity
Nonidentical Twins: Solvency and ...
Money, Liquidity, and Monetary Policy
aleablog.com 1/22/2009 — Paper by Tobias Adrian and Hyun Song Shin (FRBNY)
In a market-based financial system, banking and capital market developments are inseparable, and funding conditions are closely tied to fluctuations in the leverage of market-based financial ...
Understanding liquidity risk and its role in the crisis
VoxEU.org 11/15/2008 — Lasse Heje Pedersen , 15 November 2008 What is liquidity? Why is it at the heart of the crisis? How can we fix it? This column explains it all in terms any trained economist can understand. Full Article: Understanding liquidity risk and its role in ...
It’s not liquidity, it’s uncertainty ...
qando.net 11/26/2008 — W hy do we continue to see disruption in global markets? Two words: Hank Paulson. As the Heritage Foundation points out: By the end of September, Paulson was asking Congress for $700 billion in funds he claimed would be used to buy mortgage relates ...
Liquidity, Default, Risk
cato-unbound.org 12/8/2008 — Our fourth and final anatomist, J. Bradford DeLong, notes that "in the past two years the wealth that is the global capital stock has fallen in value from $80 trillion to $60 trillion," and lays out five reasons why this value might fluctuate. ...
Liquidity Crisis? Check
baselinescenario.com 5/19/2009 — Remember the days of talking about the TED spread and interbank lending? So over . And apparently Sheila Bair said “the liquidity crisis is over for good.”
One way to look at the decline in interbank lending rates is that interbank lending has become safe again – because ...
Can one be a liquidity trap denialist?
marginalrevolution.com 11/17/2008 — Paul Krugman thinks not :
No matter how much Japan increases the monetary base now, expectations
of future money supplies won’t move if people believe that the Bank of
Japan will move to stabilize the price level as soon as the economy
recovers. ...
Thinking about the liquidity trap
web.mit.edu 11/14/2008 — THINKING ABOUT THE LIQUIDITY TRAP Paul Krugman December 1999 We live in the Age of the Central Banker - an era in which Greenspan, Duisenberg, and Hayami are household words, in which monetary policy is generally believed to be so effective that it ...