the economy

In a seminal paper [1] from 1958, Franco Modigliani and Merton H Miller showed why investors should not care about whether firms were financed with debt or equity...

The past week has showed the dark side of media coverage and analysis of current events and a test on just how much information you stuff down the public's throat.

I have used the metaphor of Japan as a bumblebee before and while I believe that the story on Japanese savings may just be a little more complicated than many believe...

“China poised to pass Japan as world’s No. 2 economy,” reports CNN.com.

Like watching an old friend who fell from the high life as a special bracket investment banker to a stumbling drunk, I can't help but pity Japan's beleaguered stock investors.

FX punters and other of their ilk are beginning to look to the Euro as a source of global liquidity to play the carry wheel in high yield economies.

Liquidity senders, liquidity receivers and the liquidity cycle.

Random Shots: Absolute Returns Partners Edition

Rapidly aging societies are not, in the main, characterized by dissaving but rather by the fight against it, says Claus Vistesen.

Popular myth and, allegedly, the laws of aerodynamics have it that the bumblebee should not be able to take flight.