AI and Geoeconomics

Visualization of adjacency relations in hierarchical data (*) Systematically Important Companies (SIC) Bloomberg – March 4th, 2013 Mary Miller , the U.S Treasury undersecretary for domestic finance, said the Financial Stability Oversight Council may vote “in the next few months” on whether to designate some companies systemically important. American International Group Inc., Prudential Financial Inc. and  General Electric Co. (GE) ’s finance unit are in the final stage of review by the council, a group of regulators created by the Dodd-Frank law to prevent another financial crisis. SwapClear Canada (Reuters) – March 26th, 2013 . The Bank of Canada said on Tuesday it would formally regulate SwapClear, the dominant global system for centrally clearing over-the-counter interest rate swaps, because it has the potential to pose systemic risk to the Canadian financial system. Cyber interconnectivity Operational Risk & Regulation |...

Risk Parity Attractiveness The US and Japan are leading a rebound in advanced economies, while the still fragile eurozone needs an interest rate cut to ensure a recovery takes hold, the OECD said. ( Reuters - PARIS | ThuMar 28, 2013 3:23pm GMT ) “The bottom line is that we are moderately more optimistic,” OECD chief economist Pier Carlo Padoan said. “We see growth firming in the US, we see more growth in Japan thanks to new measures, and we see more growth in Germany.”  After US Federal Reserve chairman Ben Bernanke's signal that the US will not soon exit its quantitative easing (QE) mode, the Bank of England and Bank of Japan are also targeting higher liquidity in global financial markets.

Lin Fengmian - Belle Dame Extraits de "L'humanité actuelle est extraordinaire" - interview de Yves Coppens dans "Il est l'heure", Acteurs de l'Economie, La Tribune . Ouvrage dirigé par Denis Lafay - RH Editions 2012.  La situation actuelle ne fait pas exception: tout a toujours changé, et tout changera toujours. Tout comme l'art a connu des périodes plus brillantes que d'autres, les civilisations ou les sociétés embrassent elles mêmes des époques puis subissent, innovent ou déclinent. La disparition, aussi brutale que surprenante, de sociétés extraordinairement brillantes en Amérique du Sud en témoigne. Et fait appel nécessairement à des jugements de valeur pour comprendre ces mouvements et les mesurer à d'autres. Le Zimbabwe fut à une époque aussi rayonnant qu'il est désormais pauvre. Ce phénomène est cyclique, résultant d'un grand nombre de paramètres, n'épargne aucun peuple. L'histoire de l'humanité l'épouse....

Risk Parity Attractiveness March Trends Japan and Emerging Equity markets have  strong liquidity trends US Equity and Gold have  moderate liquidity trends Europe Equity markets are liquidity neutral US Govies 7-10 have a negative  liquidity trend    Methodology The Macro Liquidity Trends are computed using a Risk Parity Approach which has become more and more popular among Asset Managers and Pension Funds:  the risk weighting for each index/asset-class is calculated using the inverse of its historical volatility.  Volatilities are estimated based on three months of weekly return data. Risk Parity in the press "The employee pension fund of United Technologies has gradually increased its risk parity-related investments to $1.8bn, or about 8% of its total assets, up from an initial 5% allocation in 2005. At the San Joaquin County Employees' Retirement Association, in Stockton, California, risk parity now amounts to 10% of the ...