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Major central banks around the globe took coordinated action Wednesday to ease the strains on the world's financial system. It is carried out by lowering the USD liquidity Swap Rates by 50bps. This will make it easier for banks to get dollars if they need them.

SocGen: QE3 to start in March 2012

Whither Europe?

Courtesy of UBS Investment Research - Economic Insights By George
Transcript of a speech given at the UBS European Conference, 15th November 2011

In one week, the annual Recruitment Dinner, where KTHFS presents the various opportunities that exist within the organisation, is due. With a new Board to be elected for the year 2012, this is the chance to learn more about the organisation, what a position as a Board Member actually means, and why you should be a part of KTHFS.

Governments are encroaching into more and more areas of the world economy. This is not just through political drama (as we have seen in the Euro area), nor even through the conventional mechanisms of foreign exchange intervention. Regulation (and regulatory uncertainty), sovereign wealth funds, bond market manipulation and default risks all play a role in financial markets, and all are intensely political in their nature.

Courtesy of UBS Global Macro Team:

Courtesy of Goldman Sachs:

Recent developments in Europe may have reduced the likelihood of severe downside policy scenarios while stable, albeit uninspiring, US economic data have lowered the odds of recession. A decline in equity implied volatility reflects that progress. However the prospects for abovetrend growth in both regions are bleak and policy risk is persistent with key events such as the US fiscal committee outcome on the horizon. Extremely high equity option skew highlights those risks.

Some of the readers of this blog have been wondering "what the fuck are you writing? Are you crazy robots? Do you really want to convey the message that you have to be an obsessed introvert in order to 'succeed'? Have you ever really thought about the narrow-mindedness about your definition of 'success'"?

In this post, we are going to address these concerns and reveal what, exactly, is the rationale behind this blog and why we sincerely hope - at least somewhat - it has indeed provoked you.

Leading a healthy life where you eat properly and work out continuously is, if you think about it, at least in the western world, a quite simple task. By just browsing around the internet, you can learn everything you could ever want to know about nutrition, various exercise techniques as well as loads of other things. If you go to a regular grocery store, you are going to find vegetables, fruit and other items that are deemed healthy; likewise, there are plenty of gyms, more or less everyone having personal trainers that can tailor an exercise program specifically for you.

If you're like most students, one of the reasons for your starting studying at KTH was that you thought that KTH would provide you with a good education and, by implication, a solid chance of landing a good job at the day of graduation. And, if you are indeed like most students, you have been studying fairly hard, getting good grades and pursued extra-curricular activities.