Chidem Kurdas
Chidem Kurdas's Latest Articles | 54
Should Banks Just Buy Treasuries?
There’s a widespread impression that the $2 billion-plus trading loss JP Morgan Chase (JPM) announced a few days ago strengthens the case for more regulation of... Read »
European Austerity in Perspective
Attempts to rein in government spending necessarily have unpleasant side effects. Thus the Dutch government collapsed amid budget talks to control the deficit.... Read »
Big Bank Breakup or Tea Party?
We’ve been going back and forth on the economics of too-big-to-fail banks but paying less attention to the politics. The most recent ThinkMarkets broadside on... Read »
Politics of Oil Prices
Oil from North Dakota is selling at a record discount, according to a March 1st news item in the local paper, the Bismarck Tribune. By contrast, here in New... Read »
Big Bank Obesity Conundrum
Is the Federal Reserve a hotbed of trustbusters? Fed officials (as well as some academics) have been calling for forcible downsizing of big banks . “I am of the... Read »
Obama’s State of Regulation
Barack Obama sounded a number of themes in his 2012 State of the Union Address this week, all underpinned by the proposition that socioeconomic ills can be solved... Read »
Why Public Policy Is Inconsistent
Jamie Dimon, the chief executive of JP Morgan Chase, says regulatory policy is working against economic recovery and as such is contradictory. His complaint is about... Read »
Capitalism Loses Against Chimera
Gripes about capitalism go back 150 years and more. In the Communist Manifesto of 1848 Marx and Engels thundered that the specter of revolution haunted Europe,... Read »
Future of Forecasts
‘Tis the season for predictions. Pundits offer conjectures on every conceivable subject, though accumulating evidence in recent years has established, as much... Read »
Menace to Savings and Small Businesses
As the old adage goes, be careful what you ask for, you might just get it. After the 2008 crisis it became fashionable to complain that too much trading is going... Read »







