Russia, China Sign $400 Billion Gas Deal After Decade of Talks
Bloomberg | 21 May 2014
Russia reached a $400 billion deal to supply natural gas to China through a new pipeline over 30 years…
Russia’s “Holy Grail” Gas Deal With China Now “Only One Digit Away”
Zero Hedge | 18 May 2014
We have previously profiled the “holy grail” gas deal between Russia and China…
Capital Controls as an Instrument of Monetary Policy
Federal Reserve Bank of Dallas | February 2014
Large swings in capital flows into and out of emerging markets can potentially lead to excessive…
Robert Shiller’s Ratio Suggests Stocks Are Expensive — Here’s The Problem With That Observation
Business Insider | 16 May 2014
Robert Shiller’s famous cyclically-adjusted price-earnings (CAPE) ratio is telling us that the stock market looks a bit expensive these days…
Margin Debt and How I Was Wrong
Financial Perspectives | 18 May 2014
I was wrong. There, I said it…
Swiss Prepare to Vote on World’s Highest Minimum Wage
The New York Times | 16 May 2014
While Switzerland’s booming economy has made the country synonymous…