Inflation and the Italian Bank-Sovereign “Doom Loop”
By: Mathew Gilbert Central banks around the world are struggling to get the right balance between reigning in record levels of inflation and avoiding an economic collapse, as policymakers hike interest rates and withdraw stimulus. While the European Central Bank (ECB)...
The Coming Battle over SEC’s Sweeping Market Structure Reforms
By Thomas Dee Two things are clear about Securities and Exchange Commission (SEC) Chair Gary Gensler’s plans for equity market structure reform. First, the SEC is considering sweeping reforms, most likely at the expense of wholesalers such as Citadel and Virtu...
US-Saudi Rapprochement Goes Beyond Oil: Underappreciated Drivers of Biden’s Trip to Riyadh
By: Daniel Silverberg President Biden will likely put aside decades of well-documented personal mistrust toward the Saudis to meet with Crown Prince Mohammed bin Salman next month in Riyadh. In explaining this sea change, most analysts focused on the Saudis’ role in...
