Filipe R Costa

What the Terrost Attack Means for EU Economic Policy

The terrorist attacks that occurred last weekend in Paris will certainly be part of our memories for a long time;…

Which theory supports central banks?

The equivalent to cheap money is expensive “everything else”. When money is made abundant while the stock of assets is…

The end is nigh for the old order in commodities

Some thought commodity prices were going to rise forever due to the mismatch between supposedly unlimited demand growth from industrialising…

Valeant Shares May Hit the Rocks

…and so may activist investor Bill Ackman. Short-seller turned activist investor Bill Ackman has just recorded a $2 billion write-down…

Is the ECB too close to the private sector?

Yesterday the FT uncovered a series of meetings between ECB policymakers and the private sector that occurred just before the…

Can the ECB Boost Bank Lending?

Starting with good intentions The idea of creating an independent central bank to assure that money flows efficiently through the…

Is Portugal the New Greece?

Investors seem anxious, as they explore the implications stemming from the possibility of Portugal becoming another Greece. The general election…

Eurozone Is A Victim of Basel III

Many are those scratching their heads at the ECB, trying to understand why is there no inflation and how the…

Time to Rethink Macro Policy

"So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want…

Hedge Funds Are Harmful for Long Term Investors

  Over the long term it is possible for an investor to build a portfolio with a very low risk…