RSS Feed

Calendar

March 2024
M T W T F S S
« Feb    
 123
45678910
11121314151617
18192021222324
25262728293031

Search

Tag Cloud

Archives

Institutional Investor (March 20)

2024/ 03/ 22 by jd in Global News

Across sectors companies are tripping “over themselves to incorporate generative artificial intelligence into their operations. Not to be left out, investment managers too are crowing about their adoption of generative AI, typically in the form of large language models (LLMs).” This, however, “is a complex and expensive project with considerable investment and business risks and ethical considerations.” There should be less concern on “how these models might disrupt the investment management industry” and more focus on building “a methodology to assess the processes and procedures implemented by managers to ensure the ongoing utility and reliability of their LLMs.”

 

Washington Post (November 29)

2023/ 11/ 30 by jd in Global News

“Henry A. Kissinger, who died on Wednesday at 100, was one of the most consequential statesmen in U.S. history. Though his greatest triumphs occurred a half-century ago, his legacy is complex and contested and contains lessons that should inform Americans facing complicated foreign policy challenges now.”

 

New York Times (January 16)

2023/ 01/ 17 by jd in Global News

“Intent on reversing America’s decline in the world’s production of cutting-edge semiconductors, the federal government has begun what is arguably the government’s largest foray into the private sector since World War II.” This “more muscular approach to industrial policy” is “pockmarked with risks. On balance, the record of government trying to improve the functioning of the private sector is poor, and particularly in complex sectors like semiconductors, the challenges are great.”

 

Financial Times (December 7)

2022/ 12/ 09 by jd in Global News

“Not only does Bankman-Fried appear to be lacking in shame; he seems almost contemptuous towards those who feel complex moral emotions.” Feeling embarrassed is not sufficient “when we are talking about as much as $8bn having gone missing, as many as 1mn creditors having lost their money, and a collapsed $32bn crypto empire being investigated by criminal prosecutors for alleged fraud on a vast scale (which Bankman-Fried denies).”

 

Financial Times (June 2)

2022/ 06/ 04 by jd in Global News

“Cloudy with chance of hurricanes for Wall Street.” Jamie Dimon the head of JPMorgan Chase, started the rush to use “meteorological metaphors to make sense of the economic turbulence.” After speaking of big storm clouds and a hurricane striking the economy, other bankers followed suit. Only a few, like Goldman Sachs chief John Waldron, refused to play along. He rejected the use of “any weather analogies,” but largely agreed the outlook is complex and dynamic, “The confluence of the number of shocks to the system, to me, is unprecedented.”

 

Financial Times (May 6)

2022/ 05/ 07 by jd in Global News

“The yen may very well experience further depreciation pressure over the coming weeks… we are in a complex and volatile period for global markets.” Beyond that, however, “there are a number of paths to recovery for the yen…. Investors can anticipate a rebound in the yen over time and should consider owning this haven asset as a hedge against global recession and other tail risks.”

 

New York Times (October 1)

2021/ 10/ 02 by jd in Global News

“As species disappear and the complex relationships between living things and systems become frayed and broken, the growing damage to the world’s biodiversity presents dire risks to human societies.” We are living through “one of the most explosive extinction episodes in history” with plant and animal extinction occurring “an estimated 1,000 times faster than natural rates.” Our course is unsustainable. “It is much less costly to protect and conserve nature than it is to restore it or suffer the consequences of its destruction.”

 

New York Times (July 23)

2019/ 07/ 24 by jd in Global News

“Boris Johnson, to whom lying comes as easily as breathing, is on the verge of becoming prime minister. He faces the most complex and intractable political crisis to affect Britain since 1945…. His premiership could bring about the end of Britain itself.”

 

Chicago Tribune (December 26)

2018/ 12/ 26 by jd in Global News

“China is both a customer of the United States and a competitor. Friend but possibly foe. The relationship is complex and unresolved…. It may be China’s destiny to match the United States in wealth and firepower. Those are not reasons to fear China. They are reasons to engage the country today as a partner and challenge Chinese intentions when they appear threatening.”

 

Wall Street Journal (June 21)

2018/ 06/ 24 by jd in Global News

Investors aren’t quite sure “how to trade a trade war.” Some obvious stocks like Boeing and Caterpillar are being hit hard, but for many others there’s a lack of information on the potential impact, “partly because supply chains are so complex.” While there’s much to “suggest that trade war fears haven’t sunk in properly,” the bigger issue is that it is challenging “to price in something you don’t understand, and the implications of a trade battle are obscure, at best.” We don’t know “precisely which products will be targeted in the next round, or how long the tariffs will last.”

 

« Older Entries

[archive]