Insider Trading Is Hindering Development Of Stock Market
Tao Jingzhou via Caixin | The government must act to clean up a scourge that hurts the public interest yet sees few people ever punished.
Markets
Ben Bernanke Makes Me Sick!
On the day that his book “Courage to Act” was released, on Monday, October 5, 2015, he wrote an op-ed at the WSJ “modestly” titled How the Fed Saved the Economy?.The central bank did its job. What about everyone else?
Global EPS could grow 8.4% in 2016
BARCLAYS | Global equities are closing in on their worst quarter since 2011, with a number of factors fuelling fears in an already jittery market.
“Now is the time for making gestures in the ECB”
While Yellen bet on increasing rates, China’s slowdown concerns Draghi, but he is not considering further stimulus for the time being, says Gabriel Marqués at Intermoney.
Post Fed… it seems not all are happy!
LONDON | BNP Paribas | Even after a very dovish FOMC meeting…the USD reaction has been muted. BUT the USD has strengthened against the EM currencies…
“Zero interest-rate policy means there are bubbles everywhere”
By Fernando Barciela | Board member at Ferrovial, amongst other Spanish listed companies, Juan Arena was President of Bankinter from 2002 to 2007. “The crisis comes when assets prices drop. Then we have to choose between debt haircuts or raising asset prices via inflation and money printing,” he says.
EU banks come through EBA’s monitoring
The EBA published yesterday the results of its regular health checks on banking, focused on the capital, leverage, liquidity and net stable ratios at the close of 2014. On average results fall comfortably inside the stringent Basel III requirements.
FOMC Preview: No move; signal December
Barclays | We expect the Fed to remain on hold at its September meeting, deferring rate hikes while it assesses renewed risks to the outlook.
A Macro View of Recent Market Volatility
By Michael Hasenstab and Sonal Desai via Caixin | China’s devaluation of the yuan has prompted worries, but these are overblown regarding both China and other markets.
Chinese Stock Market: Blaming a Business Journalist for Market Turmoil Is Misguided
By Nailene Chou Wiest via Caixin | When the authorities scapegoat a journalist because he wrote a story without official permission, they scare anyone who wants to perform policy-related reporting.