10th April 2023 Money market mutual funds “are increasingly a financial black hole where liquidity goes to die,” and that’s bad for the U.S. economy, Paul Ashworth, the chief North America economist at Capital Economics, wrote in a client note on Friday. View article
R.I.P., W.F.H.? Not So Fast. Money market mutual funds “are increasingly a financial black hole where liquidity goes to die,” and that’s bad for the U.S. economy, Paul Ashworth, the chief North America economist at Capital... 10th April 2023 · New York Times
The Fed and the market are both right That last bit is what worries Paul Ashworth of Capital Economics. He wrote in a Friday note: "there is a growing downside risk that the stresses on small banks and commercial real estate develop into... 28th March 2023 · Financial Times
Silicon Valley Bank failure raises fear of broader financial contagion “The circumstances of the Silicon Valley Bank (SVB) collapse are unique enough that it probably won’t trigger a widespread financial contagion. Nevertheless, it is a timely reminder that when the Fed... 12th March 2023 · Washington Post
