The European Impact on Financials and Risk Assets

I wrote back in early October that financials have been an important factor in risk asset performance for the better part of the past four ...

It's All About Financials

The chart below compares the absolute return of an investment in the S&P 500 vs. the excess return of an investment in the investment gr...

Oligopolistic Banking System and Compensation

At this stage, most of us are familiar with the idea that compensation within the financial services industry has grown much faster than com...