The Bessent bond-market scorecard doesn’t look as strong as it once did
Since President Donald Trump’s inauguration U.S Treasury securities have underperformed all major government bond indices with the exception of Japan.
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Risk Design: AI and Prediction Beyond Screening in Insurance Markets
I thank various workshop/seminar participants and colleagues for their comments. Insurance market intelligence was generously provided by former colleagues at Liberty Mutual Insurance and UnitedHealth. Special thanks to Jim MacPhee who is particularly unstinting with his time despite having to run a Fortune 100 insurance company. Funding was provided by the Stanford Institute for Economic…
Judge blocks DOJ subpoena for Fulton County election workers
Election workers count Fulton County ballots at State Farm Arena on November 4, 2020 in Atlanta, Georgia. Jessica McGowan | Getty Images A federal judge in Atlanta on Tuesday blocked a Department of Justice subpoena seeking the names of election workers in Fulton County, Georgia, from the 2020 election. President Donald Trump has falsely claimed…
Oil prices rise, stock futures dip after latest flare-up of strikes between U.S. and Iran
Oil prices rose and U.S. stock-index futures slipped on Sunday, after the U.S. and Iran continued their tit-for-tat attacks around the Strait of Hormuz over the weekend.
PRA announces ring-fence change to reduce costs
News release The Prudential Regulation Authority (PRA) has today announced plans to consult on reforming rules around shared operational services for ring-fenced banks. Any bank that has over £35 billion of core deposits and undertakes material investment banking activity is subject to the ring-fencing regime, which was introduced in 2019 as a post-financial crisis reform….
Who Should Control America’s Spectrum? | American Enterprise Institute
Spectrum is an essential resource that supports wireless communications, economic growth, and national security. But the several agencies that use and oversee spectrum often rely on isolated systems and have few incentives to move beyond these costly programs to pursue efficiency. Other countries are moving toward commercial-first models that enable their militaries to use advanced…
