From Catalonia to Caledonia

A lot has been, is being and will be written about the state of Spanish banks and the Spanish economy.  One of the reasons I do not write mo...

Sometimes I wonder why I blog when I enjoy more reading other people's bright and illuminating writing. Perhaps I should just post links...

While I was in Barcelona visiting friends and family, one of my friends asked me (as if I had a clue about anything…) what was the likely ou...

Today I am going to write about financial markets and how the press reports financial news. Sadly, I don’t write much about the markets beca...

Over the last year or so, there is one man that has become a source of pain for some in the financial services sector. Some journalists don’...

If you are a regular of this blog, you will have noticed that nowadays I don’t write about Catalan/Spanish politics very often. It is too de...

During the last few weeks, I also thought about writing a series of articles about the (financial) mess we are in, and how banks and financi...

Overheard in the restaurant: Fund Manager: "I'm quite pessimistic about the current financial system. I've been buying gold....

Another of the market fallacies doing the rounds is the argument that some institutions, because of their size and their systemic importance...

This is the one that really irritates me. Over the years, many in the financial services community have lobbied against government-sponsored...

In the same way as I wrote a few entries on the fallacies that dominate Spanish/Catalan politics, I am going to write a few short posts on t...

And now some graphs that are not funny at all: You will have read that the press has reported with delight how short-selling has been banned...

Man: "If this crash had been caused by Bin Laden, right now we would be bombing out some Muslim country" Woman: "Thank good...

Never seen this before in my life: The graph above shows the overnight USD Libor rate. This is the annualised interest rate at which financi...

This is going to be more painful than we all thought: Lehman Brothers ( LEH ) has gone bust. For the best, detailed coverage, read the FT.co...