What stimulus is there after a 0% rate? There are generally two strands to monetary stimulus, firstly there are interest rates, and then there is the actual money supply. We'l... Continue reading
The bailout has arrived, Irish banks in line for Government funds. The banking bailout has come along, as many of us always thought it would, in the form of a (potential) €10 billion Euro package. An an... Continue reading
Bond market news from the USA Bond yields in the USA are at historically low yields, the 'flight to quality' we are seeing is that there is a wholesale flight from t... Continue reading
Banks need to stress test themselves Reverse stress testing has been advised by the FSA (Financial Services Authority) in the UK who have said that stress testing in UK fin... Continue reading
Automakers bailout is a mistake Banks, in my opinion, should not have been bailed out, they are a business like any other and when people talk about the 'systemic risk... Continue reading
The Irish Tax System Suppose that every day, ten men go out for pint and the bill for all of them comes to €100. If they split their bill the way we pay our... Continue reading
How falling interest rates hurt banks during a liquidity crisis The falling interest rates are heralded by consumers of Irish mortgage companies as a godsend - well, for the clients of the Irish bank... Continue reading
Economic models explained Today's post is poking fun at various 'isms' and we thought it might provide some light humour given the usual serious tone of our arti... Continue reading
Will Specialist or Sub-Prime lenders be better off? With the news coming out daily about prime lenders facing higher and higher impairment charges it begs the question of who will do bett... Continue reading