open.substack.com/pub/erikghir... #KnightianUncertainty #WUI #CISS #MacroFinance #OBBBA #GENIUSAct #Geneva2026 #IranTalks #Hormuz #Inflation #MarketCrash #Substack #Geopolitics #WallStreet #EnergyMarkets

Japan’s bond volatility just reminded markets who’s really in charge: liquidity.

Risk assets slipped.
#Bitcoin reacted.
Gold surged.

Short-term pain — but if central banks choose money printing, Bitcoin’s long-term thesis only gets stronger.

medium.com/@casi.borg/j...
#Crypto #MacroFinance

Arthur Hayes believes Bitcoin could surge to $200K as the Fed rolls out “QE in disguise” via Reserve Management Purchases.

Liquidity drives markets — names don’t matter.
Volatility ahead, but the macro story remains intact.

#Bitcoin #CryptoNews #MacroFinance #BTC

BasisPointInsight.com - The Paradox of Victory: The Winner’s Curse in India’s Bond Auctions by Babuji K How India’s government bond auctions reveal the winner’s curse, where success can conceal costly misjudgements and shape financial market behaviour. by Babuji K, BasisPointInsight.com

2/3 🔹Why is “winning” in these auctions sometimes a curse?
🔹How are changing market dynamics reshaping bond pricing power?
🔹Can policy tweaks reduce volatility and improve price discovery?

#FinancialGovernance #PriceDiscovery #MacroFinance

BasisPointInsight.com - Where Have All the Bankers Gone? India’s De-Risked Banking Paradox by R. Gurumurthy In saving its banks from collapse, India has saved them from competition. In shielding them from loss, it may have shielded them from relevance. by R. Gurumurthy, BasisPointInsight.com

3/3 Read R Gurmurthy’s analysis for BasisPoint:
Where Have All the Bankers Gone? India’s De-Risked Banking Paradox

#BankingReform #FinancialStability #RegulatoryPhilosophy #IndiaEconomy #PrivateCredit #MacroFinance #RiskManagement #PolicyDesign

BasisPointInsight.com - Building New Financial Institutions for Sustained Growth by K. Srinivasa Rao To achieve 8–9% sustained GDP growth, India must build new banks, deepen NBFC capacity, and widen credit access beyond the current few institutions. by K. Srinivasa Rao, BasisPointInsight.com

2/4 With only 140 banks serving 1.4 billion people, India’s next growth leap will depend on building new institutions, expanding NBFC capacity, and fostering healthy competition, not just merging existing players.

#CreditExpansion #MacroFinance #RBI #DevelopmentEconomy

💰 IMF to review Ukraine’s debt sustainability

Next week, the IMF Board will assess Ukraine’s $15.5B program. If approved, Kyiv gets $500M and fresh forecasts to guide talks with GDP warrant holders. The review follows a May staff-level agreement.
#UkraineIMF #DebtRelief #MacroFinance

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🚀Stay ahead of the curve! If you're interested in events, new papers, and data updates of our Center for Monetary Research, you can sign up for the quarterly newsletter here: frbsf.org/subscription...
#MonetaryPolicy #MacroFinance #CentralBanking #EconSky

Hopefully also of interest to the #greenindustrialpolicy and #macrofinance crowds

Loriana Pelizzon

SAFE researcher Loriana Pelizzon will share her expertise at the Kiel- @cepr.org Research Hub's "Workshop on Publishing in Top Macro & Finance Journals".

📅 19-20 March 2025
📍Berlin

👉All details: cepr.org/events/works... #EconSky #MacroFinance