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Sovereign Ratings, Default Risk and Markets: The Moody's Downgrade Aftermath!

Musings on Markets

Sovereign Defaults: A History Through time, governments have often been dependent on debt to finance themselves, some in the local currency and much in a foreign currency. However, those defaults, and especially so in recent years, have been supplemented by countries that have chosen to default on local currency borrowings.

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As Dominican Republic’s Fintech Sector Booms, Financial Inclusion Is Big Goal

Global Finance

The Inter-American Development Bank (IDB) reports that the number of companies the island nation hosts in the field grew from six in 2018 to 65 in 2024. The concentration of supply-side efforts on the previously banked population is about to reach peak penetration. And cryptocurrencies allow for that.”

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Transcript: Bryon Lake, Goldman Sachs Asset Management’s Chief Transformation Officer

The Big Picture

00:21:10 [Speaker Changed] It’s, it’s a, it’s a big number that’s not lost on us. Some of that’s just driven by currency. And, and I think the retail investor goes closer to that 20% number. We’re I think, number one or number two in the country on, you know, direct indexing solutions.

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Transcript: Stephanie Kelton on US Fiscal Policy and the ‘Deficit Myth’

Barry Ritholtz

So number one on the New York Times list? 00:22:23 [Speaker Changed] Not number one, but it was in the top f whatever it made the list. Time, it, it seemed like a big number at the time, 787 billion. So right now what the federal government, this last fiscal year spent, let me just use rough numbers. And collects 5.2

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Transcript: Bill Bernstein on Navigating Uncertainty

The Big Picture

There are a number of people who have said, and I’ve been swayed in this direction, Hey, when you’re 20, 25 years old and you don’t need this money for 30, 40, 50 years, do you really need bonds to offset the volatility of equities? Some crazy number writing a monthly column for them. You can’t execute.

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To Bitcoin or not to Bitcoin? A Corporate Cash Question!

Musings on Markets

The second is bitcoin , which can be viewed as either a currency or a collectible, and in a series of posts, I argued that bitcoin can only be priced, not valued, making debates about whether to buy or not to buy entirely a function of perception.

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China: House Divided | AIER

CFO News Room

I have come to think of it in terms of concentric circles, each smaller than, and fully contained in, the larger category. I have written a number of papers ( this , and this ) on the nature of “truly voluntary,” or euvoluntary , exchanges. For me, the categories are exchange relations, market societies, and capitalism.