Podcasts about Systemic risk

Samim Ghamami, Senior Economist at the U.S. Securities and Exchange Commission, joins Mark, Cris, and Marisa to explore the rapid rise of the private credit market. With global assets surpassing $2 trillion, Samim breaks down the systemic risks posed by this opaque yet fast-growing asset class. The discussion delves into private credit's role in middle-market lending, private equity, and new markets like infrastructure and real estate, as well as its implications for financial stability and regulation.Access the full paper, Private Credit & Systemic Risk here: https://www.economy.com/getfile?q=2107637A-C535-4AFF-83BC-6CBA1AD1FAB9&app=downloadGuest: Samim Ghamami, Senior Economist at the Securities and Exchange CommissionHosts: Mark Zandi – Chief Economist, Moody's Analytics, Cris deRitis – Deputy Chief Economist, Moody's Analytics, Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody's AnalyticsFollow Mark Zandi on 'X', BlueSky or LinkedIn @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Ralph Sueppel is Managing Director for Research and Trading Strategies at Macrosynergy. Previously, he was an Executive Member and Portfolio Manager at Graham Capital. During his tenure there, he created the Systemic Risk and Systematic Value Project (now Macrosynergy Research), a non-profit project dedicated to educating the broader financial community on the merits of socially responsible macro trading strategies. Before Graham, Ralph was head of quant macro and algorithmic strategies at UBS and worked as Senior Strategist and Portfolio Manager at BlueCrest Capital. Ralph began his career at J.P. Morgan in 1993. In this podcast we discuss the difference between academic and real-world quant, what ‘quantamental' is, typical quantitative macro strategies vs quantamental stratgies, and much more.    Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive

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Your favorite podcast about nothing continues to find things to talk about. Whatever you do, DO NOT e-mail me at podcast@searls.co or else I will read it on air and tell everyone how smart you sound and how good you look. Video of this edition of the show is up on YouTube. Links to follow: Loving my Tariffmas gifts: external SSD array and pool skimmer, especially My first taste of GitHub Copilot's Agent mode Me putting Agent mode to the test in a fun little screencast Aaron's puns, ranked Videogame consoles like the Switch 2 are NOT exempt from tariffs Digital Foundry's technical analysis of Mario Kart World The stunning Marathon cinematic trailer Star Wars Zero Company is the X-Com game I want Almost 19% of Japanese people in their 20s have spent so much money on gacha they struggled with covering living expenses, survey reveals A bunch of Vision hardware leaks and rumors: 1, 2, 3, 4 People at Apple were calling the AI/ML group AIMLess, lol React Native might not be as popular as you think Boarding passes and check-in could be scrapped in air travel shake-up Incredible plot to print every single possible ticket to win the Texas lotto A Lack of Intelligence, Not Training, May Be Why People Struggle With Computers AI models still struggle to debug software, Microsoft study shows LLM bots + Next.js bankrupting people who design their sites badly Apps are being paid to install frameworks that sell users' bandwidth to proxy providers for AI scrapers OpenAI o3 and o4-mini announced (they also hallucinate more) GPT 4.1 is better at coding Codex CLI is OpenAI's answer to Claude Code Extremely long read: OpenAI is a Systemic Risk to the Tech Industry GPS magnetic quantum is 50x more accurate and unjammable The Gorge is good but takes a sharp left turn into horror town I went to Epic Universe and have opinions

What happens when political ambition trumps economic reality? Doomberg lays it bare. In this episode, Doomberg returns to unpack the dangerous disconnect between Washington's four-year campaign cycle and the multi-decade timelines required for industrial and energy investments. From Trump's tariff threats to the fragility of global auto supply chains, we explore why the U.S. economy may be hurtling toward a recession of its own making. Doomberg dives deep into America's squandered energy advantage, China's calculated rise, and how short-term politics is colliding with long-term capital planning. If you care about markets, manufacturing, or the future of Western economic resilience — you don't want to miss this one. Chapters: 00:00 – Introduction: Supply Chains, Tariffs, and Recession Risk 04:00 – Trump's Strategy: Diagnosis vs. Execution 08:00 – Six Reasons Auto Tariffs Will Backfire 13:30 – EVs, China, and the Renewable Illusion 17:00 – Energy Politics: North America, Europe, and Asia Compared 22:00 – Reserves, Regulation, and the Bankability Crisis 27:30 – Capital Cycle vs. Political Cycle: The Core Mismatch 32:00 – Resource Riches and the Western Hemisphere Opportunity 39:00 – Natural Gas: Oversupplied, Undervalued, Unstoppable 44:30 – Energy Market Behavior: Spikes, Gluts, and Investor Strategy 49:00 – Why Projects Get Built Under Republicans, Profits Under Democrats 53:00 – Tariffs or Chaos? The Trump–Carney–Canada Connection 58:00 – Europe's Military Fantasy Meets Energy Reality 1:03:00 – War Fatigue, NATO, and the Illusion of Global Reach 1:09:00 – Final Thoughts: Diplomacy, Decline, and the Danger of Delusion #RecessionWatch, #EVRevolution, #TradeWar, #EnergyPolicy, #BYDvsTesla, #SupplyChainDisruption, #MadeInAmerica, #IndustrialPolicy, #GeopoliticalRisk, #CapitalMarkets

Tech Policy Press Associate Editor Ramsha Jahangir hosts a roundtable discussion on the first systemic risk assessments and independent audit reports from Very Large Online Platforms and Search Engines produced in compliance with the European Union's Digital Services Act. Ramsha is joined by:Hillary Ross, program lead at the Global Network Initiative (GNI);Magdalena Jozwiak, associate researcher at the DSA Observatory; andSvea Windwehr, the assistant director of EU policy at the Electronic Frontier Foundation (EFF).

One of the most significant concepts in Europe's Digital Services Act is that of “systemic risk,” which relates to the spread of illegal content, or content that might have foreseeable negative effects on the exercise of fundamental rights or on on civic discourse, electoral processes, public security and so forth. The DSA requires companies to carry out risk assessments to detail whether they are adequately addressing such risks on their platforms. What exactly amounts to systemic risk and how exactly to go about assessing it is still up in the air in these early days of the DSA's implementation. In today's episode, Tech Policy Press Staff Writer Gabby Miller speaks with three experts involved in conversations to try and get to best practices:Jason Pielemeier, Executive Director of the Global Network Initiative;David Sullivan, Executive Director of the Digital Trust & Safety Partnership; andChantal Joris, Senior Legal Officer at Article 19

Today my guest is Amol Agrawal, who is the author of History of Private Banking in South Canara District (1906-69). He teaches economics at Ahmedabad University and blogs at the excellent blog Mostly Economics.  We spoke about the colonial and post-colonial history of banking in India, the unique features of the South Canara district, and its bankers, inclusive banking by state and private banks, bank nationalization, and much more.  Recorded July 26th, 2024. Read a full transcript enhanced with helpful links. Connect with Ideas of India Follow us on X Follow Shruti on X Follow Amol on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps (00:00:00) - Intro (00:01:21) - History of Private Banking in India (00:12:06) - Lending and Deposits (00:16:17) - Industrial Development and Banking (00:21:24) - Bank Runs in India (00:25:54) - Success of South Canara Banks (00:28:38) - Systemic Risk in South Canara (00:36:16) - Banking Castes? (00:40:29) - What was the RBI so wrong about with South Canara banking? (00:47:50) - Pigmy Deposit Scheme (01:05:28) - Why Were India's Banks Nationalized? (01:23:35) - Outro 

Chapter 1:Summary of Too Big To Fail Book"Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—And Themselves" is a non-fiction book by Andrew Ross Sorkin, first published in 2009. It provides an in-depth, behind-the-scenes account of the 2008 financial crisis, particularly focusing on the events that led to the collapse of major financial institutions and the subsequent government interventions.The book's title, "Too Big to Fail," refers to a business theory that certain corporations, particularly financial institutions, are so large and interconnected that their failure would be disastrous to the greater economic system. Therefore, they must be supported by the government when they face potential failure.Andrew Ross Sorkin, a financial journalist, uses his extensive access to key players in politics, finance, and academia to weave together a detailed and dramatic narrative. He takes the reader into the meeting rooms, boardrooms, and offices where decisions were made, capturing the tense atmosphere and the complex interplay of personalities and interests.Key figures in the book include U.S. Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke, and various high-level executives from Wall Street's top firms, such as Lehman Brothers, Merrill Lynch, and Goldman Sachs. The book details the struggle to save Lehman Brothers, the controversial bailout of AIG, and the consolidation and rearrangement of major financial institutions during the crisis."Too Big to Fail" also touches upon the roles of key regulatory frameworks, the flawed decisions by executives that led to risky financial practices, and the chain reaction set off by falling real estate prices and the implosion of the subprime mortgage market.Overall, the book provides a comprehensive overview of the mechanisms of the crisis, offering insights into the challenges and decisions faced by leaders, and illustrating the grave impacts on the global economy when major financial systems falter. "Too Big to Fail" is considered a definitive work on the 2008 financial crisis, appreciated for bringing clarity to a complex series of events that affected millions globally.Chapter 2:the theme of Too Big To Fail Book"Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—and Themselves" by Andrew Ross Sorkin is a non-fiction book that documents the events that led up to the financial crisis in 2008. It offers a detailed account of the crisis from the perspectives of the Wall Street and Washington players involved. Below, I'll outline some key plot points, character development, and thematic ideas presented in the book.### Key Plot Points1. **Lehman Brothers' Collapse**: One of the central events in the book is the downfall of Lehman Brothers, whose bankruptcy filing marked one of the largest in U.S. history and a pivotal moment in the financial crisis. The narrative explores the frantic efforts to find a buyer for Lehman and the decision not to bail it out.2. **Bailout Negotiations**: The book goes into detail about the negotiations surrounding the bailouts of other major financial institutions, including the creation and implementation of the Troubled Asset Relief Program (TARP). These negotiations reveal the complexities and urgent nature of the crisis.3. **Merrill Lynch's Sale**: The sale of Merrill Lynch to Bank of America under pressured conditions illustrates the desperation and rapid changes in the landscape of financial power during the crisis.4. **AIG's Rescue**: The federal government's rescue of AIG, an insurance giant on

Dr. Paul Micevych from the UC San Francisco discusses his group's work on systemic and individual risk factors leading to complicated diabetic retinopathy requiring vitrectomy.  Discussed article: Micevych PS, Taha AM, Poddar A, Stewart JM. Individual and Systems-Based Risk Factors for Diabetic Vitrectomy in an Urban Safety-Net Hospital. Ophthalmol Retina. 2023 Dec;7(12):1027-1034. doi: 10.1016/j.oret.2023.05.014. Epub 2023 May 24. PMID: 37236319.

In this episode of the IIF Global Regulatory Update Podcast, we host Paul Hiebert, Head of Systemic Risk & Financial Institutions Division at the European Central Bank (ECB) and Co-Chair of the ECB/ESRB Project Team on Climate Risk. The discussion centers around the recent ECB/ESRB report titled “Towards Macroprudential Frameworks for Managing Climate Risk,” which introduces a surveillance framework for assessing the impact of climate-related risks on the EU financial system. Opening with an overview of the report's context, the podcast delves into comparisons with ECB/ESRB climate scenario analyses exercises and highlights key charts for listeners. The discussion then explores the new surveillance framework, focusing on metrics and indicators, and delves into the report's key findings for the banking, insurance and non-banking sectors, respectively. The conversation extends to policy considerations, discussing the report's menu of options for macroprudential authorities and the relationship with existing measures by financial sector supervisors. The episode concludes with initial insights into nature-related financial risks, their significance compared to climate-related financial risks, and a glimpse into the ECB/ESRB Project Team's future plans.

Tom welcomes back New York Times bestselling author, CNBC contributor, and Political Risk Expert Larry McDonald. Larry discussed the impact of political decisions on the U.S. economy and markets. He highlights the concerning trend of deficit spending relative to GDP, revealing that it cost the U.S. $834 billion to grow the GDP by $334 billion in the last quarter of 2023. He predicts a continued focus on short-term economic growth by politicians to retain power, leading to an inflationary economic environment. McDonald also discussed the potential implications for banks with commercial real estate holdings, emphasizing the need for Federal Reserve intervention as the market faces a significant downturn. He warned of a potential economic crisis if the Fed raises interest rates, putting stress on both banks and consumers. McDonald shares his insights on an impending energy crisis around 2025-2026. He attributes this coming crisis to factors such as population growth, improved living standards in developing nations, and inadequate capital investments in energy resources. He underscores the impact of geopolitical tensions and climate change on supply chains and inflation, shaping a shift towards a multipolar world order. McDonald suggests that these changes will influence the performance of precious metals, with potential disruptions creating opportunities for investors. He also emphasizes the importance of addressing sustainability concerns, noting that progress in this area may be slower than anticipated. McDonald's forthcoming book, set to be released in March, delves deeper into these pressing issues. Time Stamp References:0:00 - Introduction0:42 - Politics & Debt5:32 - Democrats & Spending10:12 - Loosening Talk & Effect15:28 - Banks & Commercial Losses19:27 - Economic Realities22:37 - Wealth Concentration27:54 - Risks - Stocks & Banking31:28 - Geopolitics & Conflicts38:10 - Precious Metals43:24 - Green Energy & Metals46:54 - Book Announcement48:54 - Wrap Up Talking Points From This Episode Deficit spending costs: U.S. spent $834B for $334B GDP growth in Q4 2023. Banks face commercial real estate crisis, may need Fed intervention. Predicted energy crisis 2025-2026 due to global factors and capital shortfall. Guest Links:Website: http://thebeartrapsreport.comTwitter: https://twitter.com/convertbondNew Book - Amazon: https://tinyurl.com/2capfzt9 Larry McDonald is a New York Times bestselling author, CNBC contributor, and Political Risk Expert. He is also the creator of The Bear Traps Report, a weekly independent Macro Research Platform focusing on global political and systemic risk with actionable trade ideas. Thought-provoking Larry McDonald presents his captivating views on the Trump Administration, U.S. Financial Crisis, European Sovereign Debt, and China's Economic Meltdown - spiced with actionable risk indicators, risk management lessons, and sprinkled with humor. In 2016, Larry McDonald joined ACG Analytics in Washington D.C., as a partner with a unique skill set, as one of today's leading political policy risk consultants and strategists. From 2011 - 2016, he was Managing Director and Head of U.S. Macro Strategy at Society Generale. In 2010 he founded an investment research firm which publishes the The Bear Traps Report, focused on Political and Systemic Risk with actionable trade ideas. Larry makes weekly appearances on CNBC as a contributor focused on political and economic risk and opportunities. In late 2006, as Vice President at Lehman Brothers, he led his team into betting against the subprime mortgage market, profiting the firm over $2 billion before its demise. In 2009, he wrote the international bestseller A Colossal Failure of Common Sense, The Inside Story of The Collapse of Lehman Brothers - translated into 12 languages, selling over 400,000 copies. Prior to working at Lehman, he was the co-founder of Convertbond.com, a website that provided convertible securities ...

PLEASE ALWAYS READ THIS INFO BOX WHEN YOU VISIT TMV PROPHECY BLOG. #USA #BIBLE #ENDTIMES WEBSITE: WWW.THE-MASTERS-VOICE.COM Welcome to The Master's Voice End Time Prophecy Blog: (Hear the words of the Lord). Today's word: Pt 2 of the judgement of the USA and how it will be repaid. How can a nation without widespread repentance hope to escape its judgement? Hear that Yah is just, and His assessment of the USA is well-deserved. Individual repentance is the way to set a plain path back to righteousness, and trust in God to save His own. Amen. PLEASE READ CAREFULLY: If you'd like to support this work it is appreciated. Kindly use PayPal or email me for other options at mastersvoice@mail.com, and give me some time to reply. If using PayPal PLEASE DO NOT send your gift with "Purchase Protection". It's just my ordinary PayPal so please don't damage my PP account by using purchase protection (as if I were making a sale to you). This is a freewill offering, I am not selling goods or services. Please use *only* the "Friends & Family" sending option. If you are outside the USA please DO NOT use PayPal, contact me instead at the email listed here and allow me a good window to respond. Thank you, God bless. PayPal ------- mastersvoice@mail.com.

In this episode with Grant Williams powered by Bitdeer Technologies Group (Nasdaq: BTDR) we discuss: Financial crises, bubbles and leverage The dollar's days are numbered Gold is not an ‘investment' Gold vs. S&P 500  Our money has no value because it's reproduced at will Wealth gap between CEOs and workers Stock prices: "we're renters not owners" We set in motion seeds of our own demise ---- Bio: Grant Williams is the creator of the "Things That Make You Go Hmmm..." newsletter, co-founder of on-demand financial media platform "Real Vision," host of "The Grant Williams Podcast," senior advisor to Matterhorn Asset Management AG in Switzerland, and a portfolio and strategy advisor to Vulpes Investment Management in Singapore. He began his career in the Japanese equity market in the mid-1980s, and has since spent time in London, New York, Hong Kong, Sydney, Singapore and the Cayman Islands. Follow Grant on X: https://twitter.com/ttmygh ---- ⚡ Coin Stories is powered by Bitdeer Technologies Group (NASDAQ: BTDR), a publicly-traded leader in Bitcoin mining that stands alone as the only vertically-integrated, technology-focused Bitcoin mining company. Learn more at https://bit.ly/bitdeercoinstories. ---- Natalie's Promotional Links: Buy Bitcoin, secure it through multisig Collaborative custody, start a Bitcoin IRA or take out a Bitcoin loan with UNCHAINED: https://unchained.com/?utm_campaign=n... promo code Natalie Bitcoin Nashville is July 25-27, 2024! Get 10% off your passes using the code HODL at https://b.tc/conference This year Bitcoin 2024 debuts in Asia -- May 9-10, 2024 in Hong Kong! Use HODL or this link for 10% off: https://asia.b.tc/discount/HODL Get 5% off your Bitcoin cold storage solutions at Coinkite, including the ColdCard wallet:  store.coinkite.com/promo/COINSTORIES https://bitcointreasuries.net/ is the best and most up-to-date source of Bitcoin holdings by publicly traded companies, ETFs, governments and other entities. It is community maintained, and you can be a contributor. Check out the amazing graphs! CrowdHealth offers the Bitcoin community an alternative to health insurance. I now spend just ~$100 a month on my health care. Sign up: https://www.joincrowdhealth.com/natalie Connect with Bitcoiners and Bitcoin merchants wherever you live and travel on the Orange Pill App: https://signup.theorangepillapp.com/opa/natbrunell ---- Coin Stories is for entertainment purposes only and does not give financial advice. #bitcoin #crypto #money

Crypto Town Hall is a daily Twitter Spaces hosted by Scott Melker, Ran Neuner & Mario Nawfal. Every day we discuss the latest news in the crypto and bring the biggest names in the crypto space to share their opinions. ►►OKX Sign up for an OKX Trading Account then deposit & trade to unlock mystery box rewards of up to $60,000! 

The fallout 2008 financial crisis has been portrayed on film in a number of ways; from documentary's like Iniside Job (2010) and Capitalism: A Love Story (2009) to ficiton films "inspired" by the events like The Big Short (2015) and Margin Call (2011).  Andrew Dominik's Killing Them Softly (2012) takes a different approach. It starts with George V. Higgins' 1974 crime novel, itself the third in a series, that centers on a lower level crime syndicate in Boston. Then Dominik places that story in a 2008 New Orleans during the final weeks of the Obama/McCain presidential election.  We get into the obvious metaphors that occur when organized crime is compared to financial institutions. But, we also end up discussing the various ways that Nationalism can manifest itself in America; from George W. Bush, to Obama, to Trump and Biden.  We'll be dipping our toes back into this Systemic Risk topic, the intersection of the 2008 crisis and it's portrayal on film. So if you have any particularly intereseting examples to suggest (documentary or fiction), send them to politicsofcinema@gmail.com Follow us at: Patreon / Twitter / Instagram / Letterboxd / Facebook 

In today's episode of Empire, we take an in-depth look at the controversies surrounding DCG (Digital Currency Group) with our special guest, Ram Ahluwalia. Ram sheds light on the complex DCG saga involving Barry Silbert, 3 Arrows Capital, and the 'Widow Maker' trade that entangled several entities, including Gemini and Grayscale. The team discusses the case and the roles played by various figures and corporations, challenging decisions made along the way, and contemplating what could have been done differently. To close out they speculate on the fate of Grayscale and the broader implications for the crypto and venture markets.  - - Follow Ram: https://twitter.com/ramahluwalia Follow Jason: https://twitter.com/JasonYanowitz Follow Santiago: https://twitter.com/santiagoroel Follow Empire: https://twitter.com/theempirepod Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/  - - Chronicle Protocol is a novel Oracle solution that has exclusively secured over $10B in assets for MakerDAO and its ecosystem since 2017. With a history of innovation, including the invention of the first Oracle on Ethereum, Chronicle Protocol continues to redefine Oracles. A blockchain-agnostic protocol, Chronicle overcomes the current limitations of transferring data on-chain by developing the first truly scalable, cost-efficient, decentralized, and verifiable Oracles, rewriting the rulebook on data transparency and accessibility.   Learn more about Chronicle Protocol: https://chroniclelabs.org/ Join the Chronicle Labs team: https://chroniclelabs.org/careers#open - - Timestamps: (00:00) DCG, Genesis, Gemini Case Overview (04:17) The Widow Maker Trade (12:45) Was this all avoidable? (18:02) $1.1B Promissory Note (23:21) Worse than Enron (28:06) Systemic Risk & Recouping Creditors (35:09) Chronicle Ad (36:27) Is Gemini Responsible? (43:46) Contagions and Second Order Effects (50:23) Barry's Empire (57:19) Does a New Genesis Happen? - - Resources Ram DCG Threads https://twitter.com/ramahluwalia/status/1594153586157670403 https://twitter.com/ramahluwalia/status/1716218498341597430 - - Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Welcome back to the show! We're joined today by the Ethereum Foundation's Danny Ryan to discuss the rise and rise of Liquid Staking Token DAO Lido. Danny has some strong opinions on the risk Lido poses to the Ethereum network. Thanks for listening! If you'd like to get in touch, drop feedback or chat with Evan and Will, send us an email at web3builders@protonmail.com. Produced by @ssailsbury.

Jonathan Gould, partner with Jones Day and a former general counsel of the Office of the Comptroller of the Currency, makes a case that the federal banking agencies are increasingly pushing the envelope even as courts become more skeptical of their powers. He also discusses the dangers of focusing too much on the safety of individual institutions at the expense of the overall risk to the system. 

Ricardo Reis is a professor of economics at the London School of Economics and is the co-author of a new book titled, *A Crash Course on Crises: Macroeconomic Concepts for Run-ups, Collapses, and Recoveries.* Ricardo is also a previous guest of Macro Musings and he rejoins the podcast to talk about his new book as well as his overall assessment of the inflation surge of the past few years. David and Ricardo specifically discuss what constitutes a bubble, the Eurozone crisis as a story of capital inflows and misallocation, shadow banking and systemic risk during the 2008 financial crisis, Ricardo's view of the Phillips curve, and a lot more.   Transcript for this week's episode.   Ricardo's Twitter: @R2Rsquared Ricardo's LSE profile Ricardo's website   David Beckworth's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings   Join the Macro Musings mailing list! Check out our new Macro Musings merch!   *A Crash Course on Crises: Macroeconomic Concepts for Run-Ups, Collapses, and Recoveries* by Ricardo Reis and Markus Brunnermeier   *Ricardo Reis on Central Bank Swap Lines, Fiscal Sustainability, and Outlooks for Inflation* by Macro Musings

Can cyber be effectively modeled, or is predicting the outcome of a cyber catastrophe a futile endeavor?Justyna Pikinska, Global Head of Cyber Analytics at Gallagher Re, believes it's possible. In fact, she knows it is, as she's watched model outputs creep steadily towards more acceptable convergence levels over the years. Tune into this episode as Anthony and Justyna dive into the challenges of cyber modeling, the future and sustainability of the cyber industry, concerning systemic risks, and much more. You'll learn:1. The effectiveness of cyber risk modeling: past and present2. Why cloud outages might not be as likely as you feared3. The importance of a diverse client portfolio in cyber insurance4. The similarities and key differences between property and cyber insurance5. How the cyber insurance industry is helping clients cope with attacks_________About Justyna:Justyna Pikinska has built from scratch and now leads the cyber analytics function at Gallagher Re and is responsible for a team of nearly 20 people globally: actuaries, cat modelers, and cyber security consultants._________About Gallagher Re:Gallagher Re's cyber team, led by Ian Newman, totals 50 staff globally and currently has the biggest market share in London. The unit work with clients as either a traditional placement broker or in a consultancy capacity. Unlike some of its peers, Gallagher Re's cyber unit operates under a one-team mentality, where individuals across the team combine forces and collaborate on R&D, analytics, wordings, technical ability, and placements, providing a more blended, holistic approach to solving clients' cyber challenges which remains consistent, regardless of the size or geography of the client. Gallagher Re team also actively helps to bring more capacity into the 9re)insurance market by actively educating new entrants and sharing results from exciting R&D projects and thought leadership articles.Website: https://www.ajg.com/gallagherre/ Industry: InsuranceCompany size: 1,001-5,000 employeesHeadquarters: London, EnglandFounded: 1985_________About the host, Anthony:Anthony is passionate about cyber insurance. He is the CEO of Asceris, a company that enables its clients to respond to cyber incidents quickly and effectively. Anthony is originally from the US but now lives in Europe with his wife and two children. Get in touch with Anthony on LinkedIn: https://www.linkedin.com/in/anthonyhess/ or email: ahess@asceris.com This podcast is produced by our friends at SAWOO 

Are your investments aligned with your risk tolerance? Learn more about systemic risk and how it might change your behavior as an investor from Leisl L. Cording, CFP®, CDFA®. - Subscribe to the You and Your Money podcast- Follow us on Facebook, Instagram, LinkedIn and YouTube- See how we can help you create a tailored strategy to help you Plan Well, Invest Well and Live Well: whzwealth.com

While Q1 GDP was revised higher for the US, that's looking back at what is now ancient history. Looking ahead at Q2 and beyond, not just recession perhaps worse in huge part because of what's being uncovered behind the growing credit crunch. The Fed's stress test uncovered substantial future risks.  Eurodollar University's Money & Macro AnalysisFederal Reserve Stress Test Resultshttps://www.federalreserve.gov/newsevents/pressreleases/bcreg20230628a.htmhttps://www.federalreserve.gov/publications/files/2023-dfast-results-20230628.pdfFINMA and the SNB issue statement on market uncertaintyhttps://www.finma.ch/en/~/media/finma/dokumente/dokumentencenter/8news/medienmitteilungen/2023/03/20230315-mm-statement.pdf?sc_lang=en&hash=9E7D5CBED9519B41450D7D37643B482D“Testimony Concerning the Role of Federal Regulators: Lessons from the Credit Crisis for the Future of Regulation.” Testimony before the Committee on Oversight and Government Reform, U.S. House of Representativeshttps://www.sec.gov/news/testimony/2008/Speech by Ignazio Angeloni, Member of the Supervisory Board of the ECB, Conference on “Banks, Systemic Risk, Measurement and Mitigation”https://www.bankingsupervision.europa.eu/press/speeches/date/2017/html/se170317.en.htmlTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityhttps://www.marketsinsiderpro.comhttps://www.PortfolioShield.netRealClearMarkets Essays: https://bit.ly/38tL5a7THE EPISODESYouTube: https://bit.ly/310yisLVurbl: https://bit.ly/3rq4dPnApple: https://apple.co/3czMcWNDeezer: https://bit.ly/3ndoVPEiHeart: https://ihr.fm/31jq7cITuneIn: http://tun.in/pjT2ZCastro: https://bit.ly/30DMYzaGoogle: https://bit.ly/3e2Z48MReason: https://bit.ly/3lt5NiHSpotify: https://spoti.fi/3arP8mYPandora: https://pdora.co/2GQL3QgCastbox: https://bit.ly/3fJR5xQPodbean: https://bit.ly/2QpaDghStitcher: https://bit.ly/2C1M1GBPlayerFM: https://bit.ly/3piLtjVPodchaser: https://bit.ly/3oFCrwNPocketCast: https://pca.st/encarkdtSoundCloud: https://bit.ly/3l0yFfKListenNotes: https://bit.ly/38xY7pbAmazonMusic: https://amzn.to/2UpEk2PPodcastAddict: https://bit.ly/2V39XjrPodcastRepublic:https://bit.ly/3LH8JlVDISCLOSURESJeffrey Snider (The Promoter) is acting as a promoter for an investment advisory firm, Atlas Financial Advisors, Inc. (AFA). Jeffrey Snider is affiliated with AFA as a promoter only and is not in any way giving investment advice or recommendations on behalf of AFA. The Promoter is being compensated by a fee arrangement: The Promoter will receive compensation on a quarterly basis, based on the increase in account openings that can be reasonably attributed to the Promoter's activity. The Promoter will not be receiving a portion of any advisory fees. The Promoter has an incentive to recommend the Adviser because the Promoter is being compensated. The opinions expressed on this site and in these videos are those solely of Jeffrey Snider and Eurodollar University and do not represent those of AFA.

The failures of Silicon Valley Bank and Signature Bank have shed light on the need for a major overhaul of the United States' banking laws. For a century, the government has increased federal backing, regulation, and micromanagement of the financial sector. The approach has repeatedly failed. Yet, after recent bank failures, Congress immediately began flirting with even more federal backing, regulation, and micromanagement. Is there any way out of this vicious cycle?Join us for a conversation with Jeb Hensarling, former chairman of the House Financial Services Committee, and Jelena McWilliams, former chairman of the Federal Deposit Insurance Corporation, as they discuss the bank failures, the federal government's response, and a path forward for banking regulation. Hosted on Acast. See acast.com/privacy for more information.

In this episode of Guiding Assets, Paul Andrews, head of Research, Advocacy, and Standards at CFA Institute, interviews BentallGreenOak co-CEO Sonny Kalsi. They discuss the outlook for office real estate and regional banks, as well as the best places to invest in this environment. They also touch on topics such as diversity, equity, and inclusion (DEI) and environmental, social, and governance (ESG) issues. BentallGreenOak is one of the largest real estate investment firms in North America and Sonny shares his insights on the industry. Overall, this episode provides valuable insights for investors looking to navigate the current economic landscape.   [00:02:29] Regional banks' real estate lending. [00:03:18] Private market lenders. [00:07:31] Systemic Risk in Banking. [00:12:44] Real estate and carbon emissions.   [00:16:09] Systemic risk and transition.

Weekly Recap is your one-stop show for the most compelling news of the week, brought to you by the writers at The Defiant. This series delves deeper into our reports, revealing further insights and perspectives that help you make sense of the latest developments. Every Friday, we go live on our YouTube channel, offering a unique mix of analysis and commentary. Stay informed and ahead of the curve by tuning into our weekly broadcasts. Don't forget to visit our YouTube channel for a regular dose of content that keeps you in the loop!

"If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck", goes the saying. Arbitrage mutual funds are actually taxed as equity funds but they actually behave as debt funds. And this tax arbitrage of arbitrage funds is what the regulators may be looking to fix. In light of this, we have our latest episode of the Capitalmind Podcast, where we dive into the intriguing world of arbitrage mutual funds, also known as arb funds. In this shorter episode, our hosts, Deepak and Shray, explores the role these funds play in your investment portfolio and delves into the impact of recent changes in debt mutual fund taxation on arbitrage funds. Here's a sneak peek of what you can expect from this episode The Role of Arbitrage Funds: Discover the peculiar position these funds hold, being described as equity funds but offering debt-like returns.  Taxation Changes and Their Effects: Explore how the recent changes in the income tax code could potentially affect arbitrage funds. Deepak shares his insights on the first and second-order effects of these tax changes and highlights the potential short-term buying opportunities that may arise. Risk-Free and Low-Risk Investment Options: Understand the investment landscape going forward in the likely new tax environment. Discover what alternative options exist for risk-free or low-risk investments in light of these changes. Here are five key questions that will be answered in this episode What role do arbitrage funds play in your investment portfolio? How will recent changes in debt mutual fund taxation impact arbitrage funds? What are the first and second-order effects of tax changes on arb funds? What risk-free or low-risk investment options are available in the likely new tax environment? How significant is the presence of arbitrage funds in the stock market, and what does it mean for overall market volumes? Join us as we unravel the complexities of arbitrage mutual funds and gain a deeper understanding of their implications for your investment strategy. Show Notes & References 01:00 What do arbitrage funds (arb funds) do and where they fit in your investment portfolio? 08:30 Why didn't arb funds become the FD replacement? 12:30 How big are arbitrage funds and what does that mean as a percentage of total volumes/positions on the stock market? 18:45 Arbitrage Funds are a huge part of our market and it's a problem. Why? 21:30 First and Second order effects of taxing arb funds like debt 34:00 What are the advice or takeaways? If you have any feedback, ideas for future topics, or questions, we'd love to hear from you. Send us an email at podcast[at]capitalmind[dot]in. For those seeking professional wealth management services for portfolios exceeding 50 lakh, visit Capitalmind Wealth. 

Everyone remotely familiar with banking over the last few years knows there's systemic risk and it starts with commercial real estate (CRE). The Fed's very own Financial Stability Report for May 2023 exposes the details behind the scenes. With CRE prices falling for the first time in over a decade, valuations will eventually have to be adjusted and then all bets are off. Literally.Eurodollar University's Money & Macro AnalysisFOMC Transcript: Oct 2008 callhttps://www.federalreserve.gov/monetarypolicy/files/FOMC20081007confcall.pdfFOMC Transcript: Sept 2008 meetinghttps://www.federalreserve.gov/monetarypolicy/files/FOMC20080916meeting.pdfFederal Reserve Financial Stability Report: May 2023https://www.federalreserve.gov/publications/files/financial-stability-report-20230508.pdfFederal Reserve Domestic Requirements for Bankshttps://www.federalreserve.gov/aboutthefed/boardmeetings/files/tailoring-rule-visual-20191010.pdfBloomberg: Commercial Real Estate Prices in the US Fall for First Time Since 2011https://www.bloomberg.com/news/articles/2023-05-17/us-commercial-real-estate-prices-fall-for-first-time-since-2011?leadSource=uverify%20wallTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityhttps://www.marketsinsiderpro.comhttps://www.PortfolioShield.netRealClearMarkets Essays: https://bit.ly/38tL5a7THE EPISODESYouTube: https://bit.ly/310yisLVurbl: https://bit.ly/3rq4dPnApple: https://apple.co/3czMcWNDeezer: https://bit.ly/3ndoVPEiHeart: https://ihr.fm/31jq7cITuneIn: http://tun.in/pjT2ZCastro: https://bit.ly/30DMYzaGoogle: https://bit.ly/3e2Z48MReason: https://bit.ly/3lt5NiHSpotify: https://spoti.fi/3arP8mYPandora: https://pdora.co/2GQL3QgCastbox: https://bit.ly/3fJR5xQPodbean: https://bit.ly/2QpaDghStitcher: https://bit.ly/2C1M1GBPlayerFM: https://bit.ly/3piLtjVPodchaser: https://bit.ly/3oFCrwNPocketCast: https://pca.st/encarkdtSoundCloud: https://bit.ly/3l0yFfKListenNotes: https://bit.ly/38xY7pbAmazonMusic: https://amzn.to/2UpEk2PPodcastAddict: https://bit.ly/2V39XjrPodcastRepublic:https://bit.ly/3LH8JlVDISCLOSURESJeffrey Snider (The Promoter) is acting as a promoter for an investment advisory firm, Atlas Financial Advisors, Inc. (AFA). Jeffrey Snider is affiliated with AFA as a promoter only and is not in any way giving investment advice or recommendations on behalf of AFA. The Promoter is being compensated by a fee arrangement: The Promoter will receive compensation on a quarterly basis, based on the increase in account openings that can be reasonably attributed to the Promoter's activity. The Promoter will not be receiving a portion of any advisory fees. The Promoter has an incentive to recommend the Adviser because the Promoter is being compensated. The opinions expressed on this site and in these videos are those solely of Jeffrey Snider and Eurodollar University and do not represent those of AFA.

#MONEY #CRASH #FINANCE (Like & Share for a wider reach!)

#WORLD #AMERICA #MONEY Welcome to The Master's Voice Prophecy Blog [READ FULL DESCRIPTION] Today's word: The U.S. DOLLAR will be drowned and dissolved by factors beyond our control. Right now, power meetings are happening to decide how to spin the coming crisis, but God says even the biggest players who think they're entitled to bailouts will not be saved. The collapse will be total with far-reaching effects around the whole world. The plate of mercy, love and compassion is being withdrawn by the Lord, and we must brace against the coming days where nations are judged for their sin. Hear the word of the Lord. VISIT TMV BLOG: the-masters-voice.com RELATED VIDEOS: MARKETS UNDERWATER: https://the-masters-voice.com/2022/07/14/14946/ CRASH, WORSE THAN 2008: https://the-masters-voice.com/2023/03/07/17297/ SYSTEMIC RISK: https://the-masters-voice.com/2023/03/22/systemic-risk-it-will-all-collapse-march-21-2023-2/ MELTDOWN OF BANKING SYSTEM: https://the-masters-voice.com/2023/03/07/the-meltdown-of-the-banking-system-march-7-2023/ DOLLAR LOSES 60% VALUE: https://the-masters-voice.com/2019/06/29/money-down-the-drain-september-8-2018/ PLEASE READ CAREFULLY: If you'd like to support this work it's appreciated. Send with PayPal or email me for other options at mastersvoice@mail.com. On Paypal: *DO NOT* send your gift with "Purchase Protection", use *ONLY* the 'Friends and Family' option and please mention somewhere that it's a gift. Using purchase protection makes PayPal think I am a "Seller". This is a freewill offering, I am not selling goods or services. If outside the U.S.A. *do not* use PayPal, kindly email me for other options. Thank you for supporting my work and God bless! Paypal ------- mastersvoice@mail.com. Thank you.

AXIS is a specialist in the most complex and misunderstood of all insurance sectors: cyber. In this episode, Global Head of Cyber and Technology Dan Trueman talks about how his team stays ahead of the curve with internal training, webinars and market-leading courses, and how modern claims data is helping the industry to set standards and manage risk.You'll learn:1. The impact of cyber insurer underwriting and insights on the cybersecurity industry2. How AXIS shares its expertise with internal and external training3. How the insurance industry can pin down systemic risk and create general rules of thumb4. Dan's take on war exclusions and their effect on the global cyber insurance marketAbout Dan:Dan Trueman is the Global Head of Cyber and Technology at AXIS. Dan is an experienced multi-class underwriter with expertise in Cyber, Reputational Risk, Intellectual Property, Supply Chain insurance, Political Risks, Contract Frustration, Marine Consequential loss, Marine War, Marine Hull, Piracy, Physical Damage and Energy. Prior to AXIS, Dan was the Chief Innovation Officer and Unit Head for the Cyber Division of Novae from 2014 until 2017, when the company was acquired by AXIS. Dan was previously at ANV, where he was Lead Underwriter for its Enterprise Risk Division. Prior to this he spent 10 years at Kiln, most recently as Active Underwriter of the Enterprise Risk Division of Syndicate 510.__________About AXIS:AXIS is a specialty insurer and reinsurer, focused on helping businesses navigate dynamic risks.  Our underwriters are known for their business acumen and technical expertise. Our claims teams champion customers' needs with an honest approach and quick decision-making. Website: http://www.axiscapital.com/Industry: Finance, Financial Services, InsuranceCompany size: 2,200Headquarters: Hamilton, BermudaFounded: 2001__________About the host, Anthony:Anthony is passionate about cyber insurance. He is the CEO of Asceris, a company that enables its clients to respond to cyber incidents quickly and effectively. Anthony is originally from the US but now lives in Europe with his wife and two children. Get in touch with Anthony on LinkedIn: https://www.linkedin.com/in/anthonyhess/ or email: ahess@asceris.com__________This podcast is produced by our friends at SAWOO 

ob Zukis is a man on a mission to improve the ability of corporate America to succeed in a complex digital world, even when under constant cyber attack. Bob is the CEO and founder of the Digital Directors Network, the global pioneer in helping corporate directors advance their understanding of systemic risk. We consider Bob to be the world's leading advocate for improving cybersecurity governance. His many articles published in major business journals and impactful books on the topic make this case well. Bob has worked with, studied, and been on corporate boards for years and now teaches corporate governance as an Adjunct Professor of Management at the USC Marshall School of Business. He is co-author of the book The Great Reboot. We examine the book and Bob's approach to helping corporate directors mitigate cyber risk in this OODAcast. Topics covered include: How the 1200 strong members of the Digital Directors Network collaborate together to seek to reduce systemic risk. The creation of the Qualified Technical Expert (QTE) program and how the need for QTEs on boards is analogous to the need to have a Qualified Financial Expert (QFE) on boards when Sarbanes-Oxley drove that requirement. The new SEC regulations on cybersecurity that will require corporate boards to designate cybersecurity experts. How the new US Cybersecurity Strategy is helping create positive momentum in corporate America (Bob says "the White House has declared war on systemic risk with this strategy"). Actions directors can take to ensure corporate management is appropriately engaging to mitigate not just cyber attacks against the company, but broader systemic risks. Bob explains that "It's not just enough for board members to ask questions on cyber risk, as the questions are meaningless if corporate directors don't understand the answers." Very well put! Board members should continuously seek to improve their ability to understand. And then on top of that should ask the right questions. What is Bob's view of a powerful question boards should be asking? " What's the value of what we are trying to protect, and how safe is it for what we're spending?" Bob provides information on an event that brings together the Digital Directors Network called Domino (16-17 May 2023 in Chicago). This is a gathering of 200 of DDN's corporate director, CIO and CISO members for a unique executive learning experience. This year's event will feature keynotes from experts like SEC Commissioner Jaime Lizarraga explaining the new cyber rules being rolled out by the SEC. For more see: The Great Reboot The Digital Directors Network Bob Zukis on LinkedIn DDN Domino 16-17 May 2023

During Paris Blockchain Week, Circle Co-Founder and CEO Jeremy Allaire joined Circle Chief Economist Gordon Liao* for a discussion about banking sector challenges, tokenized cash vs. tokenized deposits, and root causes of systemic risk.

I'm looking to receive $4 million from a generous and anonymous person so I can speak more freely about what needs to be said, not just around the financial system, but in all the other areas that appear to be converging right now: bc1qz2uhg0h2m5dapnekdllru4hllf573j2np00eljPlease do your own research with respect to Bitcoin; there is a lot to understand in order to reduce the possibility of financial loss. If you want to reach out to discuss how I offer financial advice around Bitcoin, please contact me here.Check out Easy Crypto as mentioned in this episode.Hey! Can we have a little chat?If you're picking up what I'm putting down, help me build the Everyday Investor community!Sign up to New Wealth Foundations here: A self-guided personal finance course designed from a wealth-builder's perspective.Spread the word: Write a review anywhere you can, share posts on social media, vote for Pedro! Follow me on YouTube, and if you can, subscribe on Spotify also. Have a burning question you'd like answered? Click here!Use the following referral/affiliate links. In some cases with these codes, I may receive a financial benefit - in other cases I've waived any benefit so you can get a better deal.HatchSharesiesEasy CryptoSharesight: (Get 5 months free)CMC Markets: *Note CFD's are incredibly high risk investment options(read more here)Want to learn more about working with Darcy Ungaro (financial adviser), book in a free 15-min phone call - click on this link.What else?1 - Most topics are inspired by YOU! Tell me more about yourself here!. Keen to simply ask a question: Click here. Keen to chat at a business level: Click here.2 - Subscribe to YouTube to get earlier access, and participate in

Summary: The war, the breakdown of international supply chains, and de-globalization coupled with the lasting effects of the pandemic shutdowns have made for a complex financial reality. Here to discuss this is precious metals analyst and speculator Lobo Tiggre, who emphasizes the value of the precious metals amid the downfall of dollar supremacy. Underneath the guise of optimism and reassurance is the bitter truth that, no matter how careful you are about the bank you use, there is always inherent currency risk. Is there any method that guarantees the safety of your money? Tune in to find out.  Useful Links: Financial Survival Network Independent Speculator

Professor Danielsson discusses global banking turmoil and the role of Risk Management in banks. His new book, Illusion of Control, takes a fresh look at managing risk. Diversification of banks' business models should provide shock absorbers to financial markets, helping to lessen the impact of bank failures on the economy. --- Send in a voice message: https://podcasters.spotify.com/pod/show/james-herlihy/message

Photo: No known restrictions on publication. @Batchelorshow 1/2: #MrMarket: The #SVB "systemic risk" and Jerome Powell's announced fight on inflation. . Liz Peek, The Hill. Fox News https://www.wsj.com/articles/feds-tightening-plans-collide-with-svb-fallout-9a3b8c27

Photo: No known restrictions on publication. @Batchelorshow 2/2:: #MrMarket: The #SVB "systemic risk" and Jerome Powell's announced fight on inflation. . Liz Peek, The Hill. Fox News https://www.wsj.com/articles/feds-tightening-plans-collide-with-svb-fallout-9a3b8c27

A discussion about what happened with Silicon Valley Bank, the risk of contagion to the financial system, and possible implications for the Federal Reserve.

Photo: No known restrictions on publication. @Batchelorshow #Debating Systemic Risk again: 1/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.

Photo: No known restrictions on publication. @Batchelorshow #Debating Systemic Risk again: 2/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.

Photo: No known restrictions on publication. @Batchelorshow #Debating Systemic Risk again: 3/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.

Photo: No known restrictions on publication. @Batchelorshow #Debating Systemic Risk again: 4/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.

Explore your CI Futures options in this March Madness Promo.In this episode of The Week Ahead, the hosts discuss three key themes: Silicon Valley Bankruptcy, the Federal Reserve's Quantitative Tightening (QT) and systemic risks, and America's energy policy.The discussion begins with a focus on Silicon Valley Bank (SIVB), which had a major issue raising capital and faced a bank run on Thursday. On Friday, the California bank regulator shut the bank down. SIVB had $175 billion in deposits, $151 billion of which were uninsured. One of the discussions surrounding the SIVB collapse is how venture capitalists have been affected.The hosts then move on to discuss the Federal Reserve's QT and systemic risks. They note that the US has been experiencing strong data and inflation, and Fed Chairman Powell hinted at a 50 basis point increase this month. The hosts discuss whether the Fed will accelerate QT in this environment, what that could look like, and what risks it would pose to the US financial system.The third theme discussed is America's energy policy. Host Tracy Shuchart mentions a speech given by US Energy Secretary Jennifer Granholm, which didn't seem to give her more confidence in Granholm's competence as an energy secretary. The discussion touches on the problems with America's energy policy and how it affects the country's overall economic outlook.Finally, the hosts share their expectations for the week ahead.Overall, this episode offers a comprehensive analysis of current events and trends in finance and policy, with a particular focus on the implications of SIVB's bankruptcy and the Federal Reserve's actions. The hosts provide insightful commentary and thought-provoking questions that will be of interest to anyone following these issues.Key themes:1. Silicon Valley Bank(ruptcy)2. Fed's QT & systemic risks3. America's feckless energy policyThis is the 56th episode of The Week Ahead, where experts talk about the week that just happened and what will most likely happen in the coming week.Follow The Week Ahead panel on Twitter:Tony: https://twitter.com/TonyNashNerdJoseph: https://twitter.com/FedGuy12Albert: https://twitter.com/amlivemonTracy: https://twitter.com/chigrlWatch this episode on Youtube: https://youtu.be/Txi-Hkr7n7E

On March 8th 2022, Nickel prices spiked 100% to $100,000 a tonne in a matter of hours, triggering billions of dollars in margin calls and threatening the very existence of the exchange. The LME took the unprecedented, and controversial, step of cancelling all trades made that day. A decision which enraged some but saved the exchange and the shorts, creating a cascade of legal battles continuing to this day (we recorded this episode prior to the UK's FCA announcing an official investigation into misconduct). What started the crisis? Who was Mr Big Shot? What were the events that surrounded the run up in prices and how did it unravel the structure of the LME? Did the LME pose a systemic risk? What has been the fall out? Our guest is Jack Farchy, Senior Correspondent for Commodities at Bloomberg, who takes us through the crisis.

Russia's invasion of Ukraine. Energy crisis. 40-year high inflation. Upheaval in British politics. Crypto catastrophe. Just a few of themes that dominated the economic and investment world this year. But what about 2023? Johanna Kyrklund, Chief Investment Officer, and Keith Wade, Chief Economist look ahead to the potential themes driving markets and the economy next year. RUNNING ORDER: 03:26 - Part one: Inflation 11:50 - Part two: Regime shift and systemic risk 22:11 - Sustainability and round-up   NEW EPISODES: The Investor Download is available every Thursday and will be released at 1700 UK time. You can subscribe via Podbean or use this feed URL (https://schroders.podbean.com/feed.xml) in Apple Podcasts and other podcast players. GET IN TOUCH: mailto: Schroderspodcasts@schroders.com find us on Facebook send us a tweet: @Schroders using #investordownload READ MORE: Schroders.com/insights LISTEN TO MORE: schroders.com/theinvestordownload This is marketing material. Important information. This information is not an offer, solicitation or recommendation to buy or sell any financial instrument or to adopt any investment strategy. Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider's consent. Neither we, nor the data provider, will have any liability in connection with the third party data. Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. Any references to securities, sectors, regions and/or countries are for illustrative purposes only. The views and opinions contained herein are those of individual to whom they are attributed, and may not necessarily represent views expressed or reflected in other communications, strategies or funds. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. Exchange rate changes may cause the value of any overseas investments to rise or fall. Past Performance is not a guide to future performance and may not be repeated. The forecasts included should not be relied upon, are not guaranteed and are provided only as at the date of issue. Our forecasts are based on our own assumptions which may change.

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Tom welcomes back Larry McDonald to the show. Larry is a New York Times bestselling author, CNBC contributor, and Political Risk Expert. Larry discusses the reach of his recent book, "A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers." Larry is concerned about the impacts of rate hikes in Japan and around the world. Central banks are very nervous because they can't assess the damage inflicted by their policies for many months. The Fed doesn't want to admit that financial conditions can overpower them. We're going to see a 500 billion dollar swing in debt servicing. They are trying to scare investors with rhetoric, but the math is stacked against the Fed. The yield curve is showing that a recession is certain. They are trying to regulate the energy markets by drawing from the strategic reserves. However, prices are still continuing to rise. Japan is entering a doom loop between yield differentials and the value of the Yen. This could be a very dangerous scenario, and the only way out is to get help from the Fed. There are of globally players very concerned about the speed of Yen weakening. When markets see the end of a rate hike cycle, we see gold buyers do very well. Gold suffers at the beginning of these cycles. There is a crisis in metals, and we're going to be needing a lot more of them to roll out green energy. Silver is starting to now outperform gold, which likely means speculative money will come into the space. Time Stamp References:0:00 - Introduction2:02 - Japan & Rate Effects6:10 - Lagging Impacts9:12 - Commercial Banks11:20 - Yield Curves12:33 - Midterms & Pivots16:45 - Bank Of Japan & Risk19:05 - Treasury Risks & Gold25:57 - Fed & Miners27:16 - Labor & Inflation29:42 - Refilling the SPR?32:40 - Resource Opportunity33:56 - Rhetoric Reversal?37:57 - Prospects For Silver41:46 - Wrap Up Talking Points From This Episode Serious concerns with Japan's financial system.Energy and how will the strategic petroleum reserves be replenished.The outlook for gold and silver when the Fed finally pivots. Guest Links:Website: http://thebeartrapsreport.comTwitter: https://twitter.com/convertbondAmazon Book: https://tinyurl.com/2p93wy9x Larry McDonald is a New York Times bestselling author, CNBC contributor, and Political Risk Expert. He is also the creator of The Bear Traps Report, a weekly independent Macro Research Platform focusing on global political and systemic risk with actionable trade ideas. Thought-provoking Larry McDonald presents his captivating views on the Trump Administration, U.S. Financial Crisis, European Sovereign Debt, and China's Economic Meltdown - spiced with actionable risk indicators, risk management lessons, and sprinkled with humor. In 2016, Larry McDonald joined ACG Analytics in Washington, D.C., as a partner with a unique skill set, as one of today's leading political policy risk consultants and strategists. From 2011 to 2016, he was Managing Director and Head of U.S. Macro Strategy at Société Générale. In 2010, he founded an investment research firm which publishes the Bear Traps Report, focused on Political and Systemic Risk with actionable trade ideas. Larry makes weekly appearances on CNBC as a contributor focused on political and economic risk and opportunities. In late 2006, as Vice President at Lehman Brothers, he led his team into betting against the subprime mortgage market, profiting the firm over $2 billion before its demise. In 2009, he wrote the international bestseller A Colossal Failure of Common Sense, The Inside Story of The Collapse of Lehman Brothers - translated into 12 languages, selling over 400,000 copies. Before working at Lehman, he was the co-founder of Convertbond.com, a website that provided convertible securities information with news, valuation, terms and analysis tools for convertible bonds, convertible preferred stocks, and other convertible securities.

Are systemic cyber risks uninsurable?With catastrophic events amassing over 200 million in losses, there is an extreme tail to cyber that people are starting to appreciate.For this reason, systemic cyber risks are a top concern for the future of cyber insurance. In today's episode, Kelly Castriotta, Global Executive Underwriting Officer of Cyber at Markel, chats with Anthony and shares her thoughts about systemic events and how cyber insurance should be responding to them.You'll learn: 1. That contrary to what is often seen in the press, cyber insurance does pay claims2. Why cyber insurance shouldn't be bundled up in non-cyber policies3. What kind of risks should coverage really be changing to adapt to4. The challenges of war exclusion as a response to systemic risk5. Why solutions to systemic risk need to be twofoldAbout Kelly:Kelly Castriotta, Esq., is Global Cyber Underwriting Executive, for Markel Corporation (NYSE: MKL) where she is responsible for leading the global underwriting strategy for cyber risk impacting all lines of business at Markel. She has a diverse background in professional lines, ranging from product development and underwriting management to in-house claims consulting and coverage litigation. Find Kelly on LinkedIn: https://www.linkedin.com/in/kelly-castriotta-esq-2405615/__________About Markel:Markel Corporation (NYSE: MKL) is a holding company for insurance, reinsurance, and investment operations around the world.Headquartered in Richmond, Virginia, and founded in 1930, our financial goals are to earn consistent underwriting and operating profitsand superior investment returns to build shareholder value.Website: https://www.markel.com/Industry: Auto Insurance, Financial, Services, Insurance ManagementCompany size: 10,000+Headquarters: Glen Allen, VirginiaFounded: 1930__________ About the host Anthony:Anthony is passionate about cyber insurance. He is the CEO of Asceris, a company that enables its clients to respond to cyber incidents quickly and effectively. Anthony is originally from the US but now lives in Europe with his wife and two children.Get in touch with Anthony on LinkedIn: https://www.linkedin.com/in/anthonyhess/ or email: ahess@asceris.com__________This podcast is produced by our friends at the SCL Program by SAWOO 

Do the commodity markets pose a systemic risk to the global financial markets and beyond? A timely look at the risks inherent in the commodity markets and capacity of exchanges, clearing houses, traders, regulators and central banks to manage them. What are the main sources of systemic risk? What would a disruption look like and how could it spread through the broader global financial system? What are potential solutions? Our guest is Craig Pirrong, Professor of the Bauer Business School at the University of Houston and Adjunct Professor at the University of Geneva. To find out more about HC and our talent advisory services in the energy & commodities sector visit www.hcgroup.global/hc-insider To connect with our host Paul Chapman, you can find him at www.linkedin.com/in/paulchapmanhc/