The Hottest Way for Banks to Get Risk Off Their Balance Sheets
Synthetic risk transfers, in which banks purchase insurance-like protection on some of their loans, is a growing market on Wall Street, with billions worth of deals made in the US last year. But of co...
22 Aug 202452min
Nate Silver and Maria Konnikova on the Art of Election Betting
Political prediction markets — where traders can make bets on election outcomes — have been around for years. But in this cycle in particular, we've seen an explosion of interest, with people constant...
19 Aug 202444min
Lots More With Claudia Sahm on What the Sahm Rule Is Saying Now
The Federal Reserve appears to be ready to pivot into rate cutting mode. Inflation has come down significantly, and the unemployment rate has been trending upward for most of the year. In fact, in the...
16 Aug 202425min
How the White House Thinks About Economic Security
The past few years have thrown up a number of potential weaknesses in the American economy. There've been disruptions to supply chains stemming from the global pandemic. There are concerns about the a...
15 Aug 202455min
How the US Treasury Will Fund the Next $20 Trillion in Debt
When it comes to financing the US government's borrowing needs, the Treasury Department has some discretion in how it's done. It can sell 30-year Treasuries. It can sell 10-year Treasuries. It can sel...
12 Aug 202445min
How a Traditional Toymaker Is Going Big on Digital Games
Hasbro has been making toys for decades, including many classic favorites like G.I. Joe and My Little Pony. But in recent years, it's also been going big on digital games. An app version of the classi...
9 Aug 202451min
Goldman Sachs CIO on How the Bank Is Actually Using AI
There's a lot of hype around generative AI and many people have interfaced with ChatGPT, Claude, or Gemini at this point. It's fun to ask these large language models to come up with a song parody or t...
8 Aug 202451min
Lots More on Solving the Mystery of the Big Market Selloff
The S&P 500 has plunged more than 5% over the past couple of trading days. The Nasdaq 100 is down 7%. The Nikkei fell an astonishing 13% on Monday and then triggered a circuitbreaker as it climbed up ...
6 Aug 202428min
