As investor sentiment shifts from private markets to public, SPACs are taking stage front and center. Could these permanent capital vehicles provide private equity much-needed liquidity to consolidate or exit positions?
Last year the European Central Bank said that it welcomed an initiative by some of Europe's top banks to explore the development of a "rival payment system" to challenge the dominance of Visa and Mastercard and the threat from Chinese and US Big Tech firms.
The Covid-19 pandemic has resulted in unprecedented changes to our lives and the economy. The enforced switch to virtual work and bans on social gatherings have generated a seismic shift towards virtual activity. The lockdown has us thinking about what the future will bring.
SEC Commissioner Hester Peirce, (affectionately nicknamed 'Crypto Mom'), released a dissenting opinion regarding Unikrn and more generally, her thoughts about the SEC’s practice of regulating through enforcement actions.
In his piece for Harvard Data Science Review, David Spiegelhalter explores how it is difficult today to not be mesmerized by the mystique of technology, especially when the "media (and politicians) are replete with credulous stories about machine learning and AI."
The 53 recommendations articulated in the CFTC report released last week are the most unprecedented regulatory advisories ever made by a U.S. supervisory authority regarding climate risk. A bolder recommendation could be added: the creation of a Fed managed "bad bank for stranded assets."
GDP fails to discern between sustainable development on the one hand and extraction activity triggering environmental externalities on the other. Could we come up with a better alternative GDP measure?