Resco Monthly Issue Five: “Low Volatility Is a Virtuous Circle… Or Is It?”
There is a chicken and egg conundrum prevailing in risk markets presently, which goes something like, “What came first? Low volatility or implied low volatility?” One great [...]
Resco Monthly Issue Four: “You Don’t Know What You’ve Got Til It’s Gone”
Inflation is often seen as a scourge on economies – it is a tax on those with no income growth, it can destroy politicians if allowed to [...]
Resco Monthly Issue Three: “I Find Your Lack Of Faith In MMT Disturbing”
As the big egos do battle over the right for new paradigms to emerge, we suggest remaining open to all possibilities. "Will we go bankrupt? So far, the [...]
Resco Monthly Issue Two: “Set Course For Normal! Hang On, No Wait!”
Pump-fake \ ˈpəmp-ˌfāk \ verb: a fake in which a player simulates throwing a pass (as in football) or taking a shot (as in basketball)"In light of [...]
Resco Monthly Issue One: “Worst Ever December”
Powell Catches His Breath As The "Worst Ever" Headlines Fade“As always, there is no pre-set path for policy… And particularly with muted inflation readings that we've seen [...]