Latest from the Lens
World events. Market consequences. A good read.
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Banking Crisis in Italy
Europe’s fourth-largest economy, Italy, is heading towards a major banking crisis. According to the Financial Times, the amount of gross non-performing loans held by…
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Biggest Banks are still too big to fail.
http://www.marketwatch.com/story/biggest-banks-are-still-too-big-to-fail-feds-kashkari-2016-02-16?siteid=nwtam
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China Launches new Development Bank as power balance shifts
http://www.reuters.com/article/us-asia-aiib-investment-idUSKCN0UU03Y
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Ditching the Dollar
http://indianexpress.com/article/business/business-others/iran-india-to-settle-outstanding-crude-oil-dues-in-rupees/
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Norway’s Largest Bank calls for complete end to cash
http://www.thelocal.no/20160122/norways-largest-bank-calls-for-complete-end-to-cash
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Investing in China.
China is on the move. it has currency swap agreements with a lot of major trading partners. It has opened up its internal markets…
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The further back you look, the further forward you can see
This piece was originally written in March 2013 but is even more relevant now as we enter into uncertain times in 2020. “If I…