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Russia in Ukraine: Let Loose the Dogs of War!

Musings on Markets

The overriding message in all of this data is that Russia/Ukraine war has unleashed fears in the bond market, and once unleashed that fear has pushed up worries about default and default risk premia across the board.

Start-ups 100
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Data Update 6 for 2023: A Wake up call for the Indebted?

Musings on Markets

In this section, I will lay out a mechanism for evaluating the effects of borrowing on the cost of funding a business, i.e., the cost of capital, and talk about why firms may under or overshoot this optimal.

Equity 52