The Global Financial Complexity Index – Measuring the World’s “Financial Temperature”
The World’s stock markets form a complex highly interdependent and dynamic network which embraces the entire global economy. This systemContinue Reading
Tag: rating
Financial Stability Board – Moving Away From CRA Ratings
It its may 12-th, 2014 final Peer Review Report (download) the Financial Stability Board speaks of “reducing Reliance on CRAContinue Reading
Why Regulating Ratings Won’t Fix the Problem
Much has been written about the global economic crisis, its causes and its consequences. We could say that to aContinue Reading
A Bank is Only as Healthy as Its Clients. High-Frequency Rating of Bank-Client Transactions
In a turbulent and globalized economy, the focus is no longer on growth but on stability. The stability of aContinue Reading
Probability of Default Versus the Principle of Incompatibility
In circumstances characterized by high turbulence and interdependency: it is impossible to make predictions – in fact, even the currentContinue Reading
A Resilience Test of US and EU banks. A Systems Perspective.
There is much discussion today about systemic risks. In particular, the notion of “systemic” banks or corporations has become popular,Continue Reading
How Do You Rate an Entire Market?
Traders and analysts judge market performance by looking at the values of stocks and indices. However, stock markets don’t haveContinue Reading
The REAL Debt of EU Countries
In our recent blog on the “corrected ” S&P ratings of the Eurozone, we showed how the spread between sovereignContinue Reading
Should Europe Have Its Own Rating Agency?
The Cold War was, de facto, the Third World War. We are now fighting the Fourth World War. It isContinue Reading
How To Avoid the Next (Worse) Crisis. Democratize Ratings.
Much has been written about the global economic crisis, its causes and its consequences. We could say that to aContinue Reading
Artificial Intuition 