Risk and risk management
Wolf Richter: Historic Mania in SPACs, IPOs. Huge Fees for Wall Street Banks. Mega Paydays for Insiders. Disdain for Valuations. Blind Faith that “This Time It’s Different”
SPAC mania, with billions raised: this time it’s different, everyone is saying again – another sign that the zoo has gone nuts.
5 Reasons to Wear a Mask Even After You’re Vaccinated
Yes, Virginia, a mask is very much part of your future.
Coming Attraction: IPCC’s Upcoming Major Climate Assessment
Another set of blockbuster IPCC reports are in the works. What to expect?
It’s the Index, Stupid! Our New Not-So-Neutral Financial Market Arbiters
An overview of the recent changes in financial markets that have come from the rise of ‘passive’ investing.
2020 “Globie”: The Carry Trade
A recent book focuse on the role of the carry trade in increasing financialization and instabilty.
Dealing with the Second Wave: Subsidies, Instead of Ordering Closures
Could officials use carrots rather than a stick to induce short-term closures of high risk businesses like restaurants?
Bloomberg Warns: A Covid Vaccine Could Help the Virus Spread
And just when you started to think an effective Covid vaccine would fix everything....
Michael Klare: How the US Plays Nuclear Chicken with Russia and China
eeping tabs on US nuclear provocations of Russia and China.
The “Crew Change” Crisis: 300,000 Seafarers Trapped. Will International Trade Grind to a Halt?
Will governments, unions, international organizations, and ship-owners be able to collaborate to solve the growing "crew change" crisis?
Fauci Says COVID Vaccine Trials Could End Early If Results Are Overwhelming
The FDA's eagerness to launch a Covid-19 vaccine is not a way to win public trust, particularly in light of the agency's record of bad calls.