Macroeconomics
Rating momentum in the macroeconomic stress testing and scenario analysis of credit risk
This paper focuses on the corporate stress testing models for credit risk.
RBS must raise £2bn after failing stress tests
Lender releases new capital plan after worst performance in BoE test
Multiple NPL models better than single models, research finds
Combinations of models produce better NPL estimates in study of Greek crisis
Macroeconomic theories: not even wrong
Flawed and inconsistent mainstream macroeconomic theories such as efficient market hypothesis are dangerous to society, says Alexander Lipton
The application of credit risk models to macroeconomic scenario analysis and stress testing
The authors demonstrate how different credit risk models can be efficiently implemented for scenario analysis and stress testing execution with concrete application examples.
ECB flags threat of ‘abrupt reversal’ in risk premia
Latest review identifies two ‘medium-level systemic risks’ to eurozone
Winds of change will continue to roar for energy markets
Financial crisis and shale revolution show nothing is certain - Kaminski
Video: Jean-Marc Bonnefous, Tellurian Capital Management
Bonnefous defends investment in commodities amid market turbulence
Fed rates rise: how much, not how long, is the question
An even harder question to answer is when, once started, will the Fed stop?
Traders and politicians can learn from dead pilots
Trading portfolios are easily mishandled, as are Europe's economies
Wadhwani advocates defensive hedge fund position
Tough environment for CTAs likely to end as interest rates start to rise
IMF's Blanchard warns Europe could drag world economy down
IMF chief economist says ‘three-speed’ global economy could be dangerous
QE3: The next big driver for oil prices?
The impact of easing
Eurozone crisis is a buyers' strike, not an uprising
Eurozone crisis is a buyers’ strike
Eurozone crisis to have limited impact on southeast Asia – Asean Risk 2012
Resilience in regional markets will insulate Asian nations from any European slowdown, say economists during Asean Risk 2012 roundtable
Parala Capital launches 'index of indexes' in conjunction with Dow Jones Indexes
Macro strategy boutique Parala Capital has signed its first index deal with Dow Jones Indexes
Why the West can’t bank on China this time round
China concerns
Banks turn to dynamic algorithm-based structures to exploit interest rate cycles
Demand for fixed-income dynamic interest rate strategies that combine short-term algorithms and long-term positions on interest rate futures is slowly returning
Stockton retires from FRB
David Stockton will be retiring from the FRB ths year after 30 years of service
The power of defunct economists
The power of defunct economists
Nouriel Roubini interview: Fixing the Eurozone will be 'mission impossible'
In an interview with Credit, economist Nouriel Roubini talks about the danger that sub-par US and European growth becomes entrenched, and offers his views on whether Ireland and other peripheral Eurozone countries will be able to solve their debt woes