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Paul Murphy is the founding editor of FT Alphaville.
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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 liquidity monster that awaits
2.Questions from last night's New York pub quiz
4.No-one ever expects the PBOC
5.Private money vs totally-public money, plus some history
6.On the hypothetical eventuality of no more petrodollars
7.Halliburton: good things come to those who wait
8.The economic effects of the Obama immigration order
10.Roble unmasked (along with Fest, Blau and Fresco)
1.Markets Live: Monday, 24th November, 2014
2.On the hypothetical eventuality of no more petrodollars
3.The economic effects of the Obama immigration order
4.Are some workers “slacker” than others?
6.Oil-price decline: the bank-exit liquidity theory
7.The liquidity monster that awaits
9.You are not experienced
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