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America

A Nobel prize for debunked research?

October 16, 2021 by Jonathan Rochford

Nobel Prize

The claim that increasing the minimum wage doesn’t lead to reduced employment goes against the vast majority of studies

Filed Under: America Tagged With: Nobel Prize

The leveraged loan market has gone feral

October 17, 2020 by Jonathan Rochford

leverage loans feral

Lenders have responded to a wave of distressed companies and the cancer of weak covenants by going feral on each other

Filed Under: America Tagged With: US leverage loans, US Markets

The Dallas Pension Fiasco Is Just the Beginning

January 17, 2017 by Jonathan Rochford

Fire Fighters and Police Car

The run of redemptions and lock-up of the Dallas Police and Fire Pension fund was entirely predictable. The same conditions exist elsewhere and point to a wave of state and local government pension and debt defaults in the coming decade.

Filed Under: America Tagged With: America, Pensions, Redemptions

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