Deregulation Rallies Bank Stocks, But Be Aware Of The Risks
Bank shares rally predictably on the prospect of financial deregulation. They did so twice in the past 6 months already. However, financial deregulation is very risky as the cost of […]
A Big Financial Sector Hurts Economic Growth | Seeking Alpha
There is a remarkable correlation between the size of the financial sector and the rate of productivity growth. According to the BIS, there is causation, a bigger financial sector tends […]
Does Dodd-Frank work?
At the same time, it has been shocking to witness how quickly so many people in Washington have forgotten the lessons of the crisis. Financial regulation made simple..
Financial regulation made simple..
Title I of Dodd-Frank empowers the Financial Stability Oversight Council to bring these kinds of “shadow banks” under prudential supervision by the Fed. Of course, that law was enacted three […]