Category: Financial Markets

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Financial Markets

Cryptos, Libertarianism, and Twitter

Interesting new research disproves many of the common narratives about crypto investors.

Financial Markets

Two bank failures in one week!

Silvergate Bank and SVB collapsed last week in the US. A regulatory failure?

Financial Markets

On safe assets

New research on the safe-asset shortage and the convenience yields and exchange rate disconnect.

Financial Markets

Stock markets and capital misallocation

New research on how investors’ sentiment-driven demand and liquidity needs lead to capital misallocation across firms.

Financial Markets

To regulate or not the cryptos

After the implosion of FTX, a cryptocurrency exchange, there have been calls for regulating digital assets. But so far there is no evidence that cryptos can threaten financial stability.

Financial Markets

DeFi vs CeFi

New research on the advantages and disadvantages of centralized versus decentralized finance.

Financial Markets

From stablecoins to dodgycoins

A new version of cryptocurrency has been launched during the last couple of years: the algorithmic stablecoins.  LUNA, the most prominent algorithmic stablecoin, collapsed in May 2022. What are the lessons to learn?

Financial Markets

The state of the U.S. bond market

How deep is the current selloff in the Treasuries market? How is the corporate bond market functioning?

Financial Markets

U.S. Treasury securities as safe assets

Are foreign investors willing to forego large returns in order to hold onto U.S. Treasury securities?

Financial Markets

Has the US yield curve inverted?

Parts of the U.S. yield curve have inverted. Are they predicting an upcoming recession?

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