Posts from Thursday Jul 10 2014

Money Supply: Fischer worries about macroprudential policy

Note: FT Alphaville is now playing host to posts from the FT’s Money Supply box. Enjoy (and argue away, if you see fit). Here’s Robin Harding, the FT’s US economics editor…

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Markets Live: Thursday, 10th July, 2014

Live markets commentary from FT.com 

The (early) Lunch Wrap

Hays reports UK recruitment growth || Japan machinery orders fall || Mothercare appoints chief executive || Creditors fret about Espirito Santo || Stocks down  Read more

Too many professional pessimists?

Some 231 pages of macroeconomic goodness has landed from the ECB. Click for the full July bulletin.

We turned straight to page 50, and the examination of predictions for economic recovery after recessions.

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Further reading

Elsewhere on Thursday,

- “Preserving financial stability is truly a Herculean task

- Every conversation, every webpage must be tracked. It’s an emergency,

- Searching for a theory of searchRead more

The 6am London Cut

Markets: The influential head of the US House Financial Services Committee has called on US Treasury secretary Jack Lew to investigate whether sweeping financial reform has impaired the $10tn market for US corporate debt and risks amplifying an interest rate shock for large companies.In a letter sent this week to Mr Lew, Congressman Jeb Hensarling argued that it was the responsibility of regulators to ensure that the Volcker rule, a core element of the Dodd-Frank financial reforms that bans banks from proprietary trading, does not harm US capital markets. (Financial Times)

UK ministers, led by business secretary Vince Cable, have ordered a review into the sell-off of state assets, just days before MPs publish a report that is expected to criticise last year’s privatisation of Royal Mail. Lord Myners, former City minister, will lead a panel of experts to examine alternatives to initial public offerings for privatising state assets, as well as whether the process of gauging what investors are willing to pay for shares can be improved. (Financial TimesRead more