Before criticising their Covid-19 response, we should try to at least understand why the government acted as they did. We take a look at the latest SAGE minutes in an attempt to do so.
Rather than censoring lockdown critics, perhaps we should encourage them to forge special economic zones where their risk-on attitude can be exploited for the benefit of the country.
The preponderance of deaths linked to care homes and hospitals raises the question of whether Covid-19 is a nosocomial infection.
To lose one clearer might be considered careless, to lose the capacity to be cleared entirely is presumably downright reckless.
A 2018 EU directive that forced tour operators to honour refunds within 14 days has inadvertently turned them into undercapitalised banks.
Why we shouldn’t be enforcing the equivalent of digital social distancing just because content is going viral
There’s a chronic paradox at the heart of stablecoin-based payment systems that will render them cost-prohibitive.
Policymakers need to understand that lockdown losses are likely to be permanent not temporary.
Exchange traded products that can self-determine whether they trade passively or more actively introduce all sorts of new risks for investors and the wider market.
Contrary to popular belief, the explosive growth of the United States Oil Fund’s assets in recent weeks was most likely driven by sophisticated investors’ short positioning.
Exchange traded products are meeting their limits, and the WisdomTree WTI Crude Oil 3x Daily Short is yet another one to bite the dust.
As the United States Oil Fund suspends creations, we analyse the possible consequences for oil markets and USO investors.
Analysts, experts and the Donald impart their wisdom on what really drove oil prices to negative rates.
Those attributing massive inflows into the USO fund to bullishness neglect the role played by structural arbitrage mechanisms at the heart of ETFs.
The front month of the WTI contract is now trading at a negative rate. Yes. You read that right.
Izabella Kaminska speaks live from her living room to University of British Columbia academic Heidi Tworek, about her prescient paper on the history of transmissible disease communication.
Why, from an investment perspective, Covid-19 suppression is the equivalent of kicking the can down the road.
With Covid-19 threatening a unicorn extinction, some governments suddenly have real leverage when it comes to influencing unicorn operations in the future.
Two European countries at the extremes of the Covid-19 lockdown experiment.
From bail-inable private sector capital to mandated reserves of essential goods, there’s a lot regulators can do to ensure economies can better cope with Covid-19 style shocks in the future.
Prepare for negative prices in some markets in the near term, but an inflationary oil shock in the aftermath.
How can a central bank stabilise security markets? What are the precedents and how extraordinary is the action? Robert McCauley offers some insight.
In the US, Bernie supporters want to #mintthecoin to fund public spending, but an alternative proposal in Europe looks to dematerialise the coinage.
Redundant childminders and nannies could offer vital support to key worker families and ease the pressure on skeleton schools and nurseries.
The bull who called the bottom in 2008 speaks on a topic almost no-one is focusing on.
Quick thinks: what happens when there’s no more storage available?
This time it’s not because money market dislocations are rippling into the real economy, but because the real world is rippling into the financial system.
They help. But there’s some big drawbacks here too such as the risk of the PBoC repo-ing its entire Treasury portfolio for cash.
Time to mull the economic consequences of the disease.
A call for the IMF to issue 3tn SDRs to fight coronavirus in a bid to aid emerging markets.