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BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"

MishTalk

The BIS slam, coupled with a recent stock market selloff, brought up debate on a " controlled collapse ". Over the past few years, non-financial corporations in a number of EMEs have borrowed heavily through their foreign affiliates in the capital markets, with the debt denominated mainly in foreign currency.

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

Unlike national oil companies and oil majors that typically take five to 10 years to develop conventional oil reserves, these independent and “unconventional” players have improved their drilling and fracturing technology to the point where they can respond within months to temporary spikes or dips in the market.

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7 Skills That Aren’t About to Be Automated

Harvard Business

Today’s young professionals grew up in an age of mind-boggling technological change, seeing the growth of the internet, the invention of the smartphone, and the development of machine-learning systems. It’s no wonder, then, that young people are anxious about their ability to compete in the job market. In a world where U.S.

Ethics 42
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Reflections on "Uncertainty"; Yellen Expects Rates Hikes but "Uncertain" about Growth, Jobs, Inflation, Wages

MishTalk

It appears a number of times (in various forms) in Fed Chair Janet Yellen's speech on Recent Developments and the Outlook for the Economy at the City Club of Cleveland, Cleveland, Ohio. Other indicators also generally corroborate the view that while the labor market has improved, it still has not fully recovered.

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You Don’t Need to Be a Silicon Valley Startup to Have a Network-Based Strategy

Harvard Business

But platforms and networks can be developed in many different ways. But most successful companies used electricity and motors to reinvent their existing businesses, whether in manufacturing, transportation, or construction. A platform connects providers and users in a multisided market. Insight Center. Intellectual capital.