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Contagion In The CDS Market
Working Papers – Office of Financial Research Contagion in the CDS Market This paper assesses the risk of contagion in the credit default swap (CDS) market. This risk emerges through the inability of CDS counterparties to make payments during systemic stress. The authors find that the central counterparty contributes significantly less to network contagion than do several peripheral firms that are large net sellers of CDS protection. Abstract: This paper analyzes counterparty exposures in the credit default swaps market and examines the impact of severe credit shocks on the demand for variation margin, which are the payments that counterparties make to offset price changes. We employ the Federal Reserve’s Comprehensive…
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The New World Order Economic Outlook Warning
I have had a growing concern over the New World Order economy for a while. I have issued announcements last year regarding ongoing crisis issues. Although this issue is not a crisis issue today, it is a long term forecast through 2016 and into at least quarter 1 of 2017. You see many people are giving out doomsdays scenarios for all kinds of reasons. Some of those reasons are valid concerns and should obtain more press coverage that they do. I do not see an end of the world scenario, like some people do. What I see and what I am concerned about is a long term malaise over the…
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Business Stewardship, Economy, and China.
A discussion regarding the economy, business stewardship, and China. All of this with a local flare. Links in the video: http://www.bloomberg.com/ http://www.energymanagertoday.com/nat… http://data.worldbank.org/country/china https://au.news.yahoo.com/a/30952606/… http://www.bloomberg.com/news/article… http://www.theguardian.com/business/2… http://www.bloomberg.com/gadfly/artic… Mike DoddI have a wide range of views and opinions. I have worked in a number of industries some of them are: Banking, Dairy, Health Insurance, Education and Government. I am the owner and editor in charge of a number of websites and message boards. The crown jewel of the websites is WaveChronicle.com which covers a wide variety of content. The Wave Chronicle is a site built to put forth thought provoking information, which can range from activism, politics, technology, philosophy, climate change,…
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Economy, Money, and Living – AMTV
This is a great video by Christopher Greene of AMTV. Christopher discusses some serious issues with the economy, which may or may not be true. The Wave Chronicle still holds to its article regarding the US economy here. The main reason why I am putting this video on the site is Christopher Greene’s discussion about living life in a down economy. America has become a soft nation of children demanding and getting most of what it wants. Those days may not exist in the future and people need to adapt, just like the people in America during the Great Depression. Money is not everything, being on the top of the list, having the coolest gadgets is…
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Market Issues January 2016
I personally do not understand the particular drama behind the Asian selloff that has started this month. Let’s get some things straight: China is not going to consume at a 7% rate anytime in the near future. We are in a commodities slump, world wide. We are in a world wide growth slowdown. These three items have been this way for more than a year. We have no new fundamentals in January to lead to such catastrophic market events. I also do not blame this selloff on the Chinese Government or the people who run the financial system. The systems that are in place currently in China has worked. Mind…
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The Fed Decision Not To Raise Rates – Slow Deep Breaths People
The Federal Reserve did not raise interest rates today. It is not good news or bad news. Simply this is a non action. You may see the stock market and or precious metals go up or down. These actions are only money making or losing ventures at this point and time. Below is the press conference from the Federal Reserve today: Most of the comments made are on target. I do not agree that the job markets will improve in the United States. You have evidence, especially from companies like HP, who are under pressure and making job cuts and job replacements out of the US market, that needs to…
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Four Horsemen Documentary – Renegade Economist
The following video documentary is provided from Renegade Economist. It is 1.5 hours long and it is a must watch and learn. This is a video that should be taught in all schools world wide. Watch and Learn People. I will have my own commentary below. The only issue that I have with the video is the terrorist section. They list a small section of about 1 to 2 minutes concerning military operations and how it leads to more terrorists. That principle is false and it will always be false. The problem of Islamists and similar groups like the Tea Party in America, is mixing extreme religious views with a fear of…
