It was the night before Christmas And all the stock markets were closed Fund managers finally got to rest And the Traders gently dozed No more economic forecasts to be made No more commentaries to write For all the world’s financial folk It was a truly silent night But off in the distance you couldContinue reading “The Central Bankers’ Christmas Party 2025”
Tag Archives: Central Banks
The Central Bankers’ Christmas Party
‘Twas the night before ChristmasAnd all the markets were closed.Dealers all snuggled up in their bedsNo asset positions left exposed. But soft in the distance, the bells rang outAnd cherubs sang hale and heartyCoz after another year of decision makingThis was the night of the Central Bankers’ Christmas Party. The biggest night for governors pastContinue reading “The Central Bankers’ Christmas Party”
Understanding Christine Lagarde
Central Bankers: Financial markets hang on their every word. Speeches are parsed and pored over to gain the smallest clue as to where policy may be headed. And if we’re close to a peak in interest rates, with an extended period of little change ahead of us, what Central Bankers say may matter more, thanContinue reading “Understanding Christine Lagarde”
Could there be a Chinese Credit Suisse?
The Great Wall of China dates from the 7th century BC and is over 20,000 km in length. It has had a profound military, economic and political impact on China. But at times of global financial crisis, China also seems to have had a financial “great wall” protecting it from contagion. China’s economy in the 80’s.Continue reading “Could there be a Chinese Credit Suisse?”
The Central Bankers’ Christmas Party
It was the night before ChristmasAnd all the markets were closedAll the experts and analystsWere safely home and hosed No more forecasts for the yearNi more unprecedented eventsNo more comments from Central BanksAnd wondering what the Hell they meant But all wasn’t peaceful and quietAs the snow now began to fall hardFor oft in theContinue reading “The Central Bankers’ Christmas Party”