Will Janet Yellen become the mother of all Bubble?

to talk about bubble seems to be in fashion presently but…. should we really care to know if we are or not in a bubble since we live in an “Uber Financial “world where asset price inflation has been (and some still believe in this mantra) the main engine of the mother of all bubble… […]

QE or the Too Big To Fail policy

excellent article on the WSJ from an ex… QE executor… this resume very well the situation;   Andrew Huszar: Confessions of a Quantitative Easer http://online.wsj.com/news/articles/SB10001424052702303763804579183680751473884 I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed’s first plunge into the bond-buying experiment […]

Shadow Banking and the unintended consequences of QE and other central bank policies

First of all, let’s try to understand a bit more what is Shadow Banking: http://www.investopedia.com/terms/s/shadow-banking-system.asp Definition of ‘Shadow Banking System’ The financial intermediaries involved in facilitating the creation of credit across the global financial system, but whose members are not subject to regulatory oversight. The shadow banking system also refers to unregulated activities by regulated […]