Deflation, it seems, is like the curate’s egg; good in parts. On reflection, this makes about as much sense. Central banks have referred to falling food and oil prices as ‘good’ deflation. 1,583 more words
Tags » Interest Rate Risk
J.M. Keynes’ “The General Theory of Employment, Interest and Money” was not a general theory but rather a series of brilliant insights. Keynes, a financial market speculator as well as a theoretical economist, applied some insights derived from his speculative activities to economic theory with spectacular results. 543 more words
Two things happened yesterday that will impact your credit union. What remains to be seen is how great an impact they will have.
Most importantly, the Federal Reserve’s Open Market Committee gathered yesterday for its first meeting since January. 405 more words
Diligence and Forward-Thinking Top Themes of Keynoters at RMA’s Annual Conference in D.C. #RMACONF14
Kicking off RMA’s Annual Risk Management Conference on Sunday, October 26, Spyro Karetsos, Principal and Director of Enterprise Risk Management, Vanguard Group, addressed over 640 attendees with the necessity for a back-to-basics approach in operational risk management. 393 more words
Here is a classic case study how the famous brokerage firm Knight capital failed. More than 2 years ago, Knight Capital suffered a loss of nearly half a billion dollars and needed to sell itself after a defective software resulted in nearly $7 billion of wrong trades. 1,022 more words