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While Lagarde and Juncker go at it in the policymaker equivalent of hammer and tongs over timetables, there’s a risk here of people forgetting the numbers involved. Because they don’t add up.
Consider these two tables from David Mackie at JP Morgan. Click to enlarge. Read more
1.The CoCo that popped
2.Tin hat time... everywhere?
3.A note for your calendars: the end of the credit cycle
4.BIS to EM: worry
5.Lay off Tim Geithner, yeah?
9.On the hypothetical eventuality of no more free internet
10.The Bank of Canada admits easy money can inflate debt bubbles
1.Markets Live: Thursday, 11th February, 2016
2.How negative is negative? Try 4.5 per cent negative
3.On unicorn imperialism
4."The business model of Wall Street is fraud"? Kind of
5.Markets Live test session for Comments
6.NNIM and eurodollar feedback loops
7.Macro Live, Yellen testimony
8.JPY, it wasn’t meant to be this way
9.The security/access paradox and digital lenders
10.Markets Live: Wednesday, 10th February, 2016
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