Blog: China's Minsky Moment?
Would a Minsky Moment in China spread to the rest of the world making Global Financial Crisis 2, or would it remain local?
Topic
Financial Instability
A collection of 41 issues
Blog: Central Banks and "The Logic of Failure."
Studies of complex decision making may help us understand future monetary policy.
Blog: Recognition for Dr. Harry Markowitz - the Founder of Quantitative Finance.
Harry Markowitz was not just the father of Modern Portfolio Theory.
Blog: Yet another "new normal" for inflation and interest rates?
The stock and bond markets have spoken. We are now in a persistent environment of 4% to 5% inflation and corresponding interest rates. While the phrase “new normal” has roots back to World War I and has been used by people as disparate as market guru, Mohammed El-Erian and science
Flash Report: Market Uncertainty State Indicator moves to Transition
Newsletter: Fuzzy Sets and AI - Measuring Market Uncertainty
As complexity rises, precise statements lose meaning and meaningful statements lose precision. - The Law of Incompatibility, Lofti Zadeh
In this month’s newsletter, I’m discussing the use of fuzzy set principals embedded in the Market Climatology model. Fuzzy sets are a sub-set of artificial intelligence (AI) that mimics
Blog: This year's Debt Limit Crisis is different, to markets.
Will this debt limit crisis lead to a bout of "creative destruction" in the Austrian economics sense?
Blog: An El Nino level regime change for the markets?
In the Market Climatology section of the Hypertext Book, I use the El Nino Southern Oscillator (ENSO) as an example of a climate level regime change. It appears that ENSO is undergoing such a regime change, from La Nina, which just ended, to El Nino, which will probably start in
Newsletter: Murphy's Law Meets Hyman Minsky
As Gilda Radner said, "It's always something."
Blog: The Debt Limit-The end of trust and the “risk-free” rate?
Trust is what's at stake with the debt limit.