July 06, 2022
11 11 11 AM
OPEC secretary-general Mohammad Barkindo dies in Abuja, Nigeria
BOE Deputy Governor Cunliffe: We Can See Signs That The Economy Is Already Slowing
Bank of England speakers coming up Wednesday – Pill & Cuncliffe
Goldman Sachs maintains a bullish bias on EUR over the medium-term (6-12 months).
Video: A playbook for the market volatility
FX option expiries for Wednesday, 6 July 2022 at the 10am New York cut
Japan official says the G7 will be discussing the Russian oil price cap
ForexLive Asia-Pacific FX news wrap: USD/JPY down a little more
Shanghai COVID restrictions creeping back in
ICYMI – China’s Xi’an city has entered a 7 day period of ‘temporary control measures’
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OPEC secretary-general Mohammad Barkindo dies in Abuja, Nigeria BOE Deputy Governor Cunliffe: We Can See Signs That The Economy Is Already Slowing Bank of England speakers coming up Wednesday – Pill & Cuncliffe Goldman Sachs maintains a bullish bias on EUR over the medium-term (6-12 months). Video: A playbook for the market volatility FX option expiries for Wednesday, 6 July 2022 at the 10am New York cut Japan official says the G7 will be discussing the Russian oil price cap ForexLive Asia-Pacific FX news wrap: USD/JPY down a little more Shanghai COVID restrictions creeping back in ICYMI – China’s Xi’an city has entered a 7 day period of ‘temporary control measures’

How I Learned To Stop Worrying And Love Shadow Banking… — Brian Romanchuk

I had an article planned and started, but I got caught up with events. Instead, I just wanted to make a few comments about the dreaded “shadow banking” sector — non-bank finance. I had seen a few articles complaining about lack of regulation and risks posed by shadow banks, which I think is just extrapolating the last financial crisis.

I had written a sequence of articles on banks (first one here), in which I emphasised that financial flows are circular. If the flows are not circular, things break, and you get a crisis. The issue is that shadow banking is outside the view of regulators, and hence things can blow up.

Bond Economics
How I Learned To Stop Worrying And Love Shadow Banking…
Brian Romanchuk

http://www.bondeconomics.com/2022/05/how-i-learned-to-stop-worrying-and-love.html


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