Newsletter

The elephant in the room for Australia’s Federal Parliament has finally been called out. Australia’s rapid population growth is arguably as important an issue as balancing the budget and the …
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Libor Spike The increasing gap between US dollar Libor and overnight index swaps (OIS) this year is garnering much attention as it was one of the earliest signs of problems …
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US Government Debt With the increase in the American overnight rate and long term bond yields questions are starting to be asked about whether the federal government debt load is …
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In the wake of the VIX spike and bust up of roughly a dozen inverse volatility products this month, there’s been plenty of people criticising short volatility strategies. Harvard has …
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A recent working paper from the IMF titled “Credit Booms – Is China Different?” provides a good summary of many of the key issues facing China’s economy. Rapid credit growth …
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High Yield Pullback The pullback in high yield credit had more than a few people excited, but it was a very tame affair. As the graph below shows, it was …
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