For the commute home,
- China to create the world’s largest city.
- The SEC has proposed new rules for what defines Swap Execution Facilities.
- “Our directive was ‘to help companies decrease and manage their risks.’ Often we did just that. And often we advised clients to execute trades solely because they presented opportunities for us to profit.”
- A roundup of the week’s economics papers.
- The US should use China’s desire for expansion to determine rules for investment going both ways.
- The rise of cash-in mortgage refinancing.
- Making economic policy is not the same as economic forecasting.
- “A bad idea, in a tractable model, has a long life…”.
- Blame private equity for (some of) the junk debt refi wall.
- Tee hee: “Republicans Vote To Repeal Obama-Backed Bill That Would Destroy Asteroid Headed For Earth”