Monthly Archives: July 2013

July 31, 2013

Banks and commodity activities

A recent article in the Financial Times takes a hard look at some of the issues related to the commodity-related activities of major banks.  The piece is noteworthy for two reasons. First, it finds that there are some significant flaws in arguments used to support [&hellip…

July 23, 2013

Research confirms the fundamental(s) truth

Has “financialization” of commodities put undue pressure on prices? Has the creation of investment products linked to commodities indices made the grocery basket more expensive? A task force from the Centre for European Policy Studies (CEPS) and the European Capital Markets Institute (ECMI) has just [&hellip…

July 1, 2013

Amen to that!

There’s an old saying about how to respond if your industry is under attack from government officials: “When a regulator swings, duck.” But what do you do if it’s the Pope who is taking the swing ‒ which he appeared to be doing in a [&hellip…