The Looming State and Local Government Inflation Hangover
By Matt Wiederrecht The difference between good decision-making and bad luck for markets and policies often comes down to timing—a lesson we believe state and local governments (SLGs) may soon learn the hard way. Scan the headlines and you will find no shortage of...
The Collision Course: Decarbonization Policy in an Energy Price Crisis
By Adam Cotterill Decarbonization was never going to be easy. In the last six months, Joe Biden and climate-focused US policymakers have been subjected to a crash course on all the ways it can go wrong. At the start of 2022, we expected policymakers to pursue...
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...
