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June 8, 2026

Category: Articles

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MENA Unhinged

Tuesday, 01 March 2011 | 2:04 am by Burnham Banks
  Middle East North Africa, unlike other emerging markets like Asia and Latin America, Europe, the US, has a large proportion of young men itching for a fight.
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Les Jeux Sont Faits

Wednesday, 23 February 2011 | 11:37 pm by Burnham Banks
Wait. Worry. Oil at over 100 usd is bound to irritate the American SUV driver. When oil was at 147 usd in 2008, inflation was 5% and the world was a wonderful place. Yet we worry now when inflation is 1.6%. A high oil price is, however, a brake on economic growth. There are complex
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Doh! (More Madoff Fun)

Wednesday, 23 February 2011 | 4:17 am by Burnham Banks
Bernie Madoff alleged that JP Morgan “had to know” about his fraudulent scheme. Forget about JP Morgan.  Many of the victims of Madoff were just dishonest. Madoff never hid the fact that his fund was self custodied and administered. He got investors to look the other way by suggesting that he was front running his own
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Inflation

Friday, 11 February 2011 | 6:18 am by Burnham Banks
Inflation: I had written about inflation in October 2010, cautioning that the output of the central bank’s printing presses would inevitable lead to rising prices. Today, inflation is one of the main concerns in the global economy. Its not ideal but it is far from a catastrophe. Some inflation is healthy and the economy can
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Volatility

Friday, 04 February 2011 | 1:56 am by Burnham Banks
Volatility: After 9 years of trading, Singapore hedge fund Artradis is shutting its doors. At peak Artradis ran over 4 billion USD. Today with assets of just over 500 million Artradis has decided to close.
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Ten Seconds Into The Future

“Hello. I’m Burnham Banks and I studied economics in the late 80s and early 90s. I’m still studying economics today and am still no wiser. This blog is a journal, a record of my thoughts and experiences. If we are destined to repeat our mistakes, we should at least repeat them faithfully. If not, then perhaps the past is a mischievous guide and we should try something new.”

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