Tag: Buttonwood
Japan’s dealmaking machine revs up
The corporate raiders of the private-equity (PE) industry have been memorably compared to invading barbarians. But the industry is more usefully described as...
Why 24/7 trading is a bad idea
Stock exchanges are the quaintest corners of modern finance. At other financial institutions, the typical trading floor features people in t-shirts sat at...
Stablecoins should cut America’s debt payments. But at what cost?
A TRILLION DOLLARS. That number may keep Scott Bessent, America’s treasury secretary, up at night. Next year his government’s net interest payments will...
Stablecoins might cut America’s debt payments. But at what cost?
A TRILLION DOLLARS. That number may keep Scott Bessent, America’s treasury secretary, up at night. Next year his government’s net interest payments will...
Don’t invest through the rearview mirror
Markets are supposed to look forward; plenty of investors look back instead
The dream scenario for prediction markets
If you could invent something to fulfill an economist’s dream, it would look an awful lot like a prediction market. A world where...
European stocks are buoyant. Firms still refuse to list there
It must be tempting to give up. Those tasked with reviving Britain’s stockmarket have long faced a difficult task and a steady drip...
Why investors lack a theory of everything
If there was to be some cataclysm, and he could preserve just one sentence for future scientists, Richard Feynman would have made it...
Shareholders face a big new problem: currency risk
Imagine someone who found secondary-school maths difficult being grilled about logarithms. That is how a lot of equity investors look if you ask...