Hints and tips:
...You can therefore kinda see why Stanford’s Darrell Duffie (among others) think that the growing size of the Treasury market relative to the winnowed state of the primary dealers could be dangerous....
...“I think if the Fed stays on pause, that could leave enough space for the economy to reaccelerate,” said Darrell Spence, an economist at Capital Group....
...Luckily, amid all the usual guff about r-stars, obsolete playbooks and how Volcker loved fly-fishing, this year’s Jackson Hole confab yielded an interesting paper on the topic by Stanford’s Darrell Duffie...
...That made them fit for purpose as a place holder position to secure future access to balance sheet as needed....
...Indeed Darrell Duffie, a Stanford professor, writes in a recent paper that “since 2007, the total size of primary dealer balance sheets per dollar of Treasuries outstanding has shrunk by a factor of nearly...
...Duffie believes the priority must be to ensure that “as the Treasury market gets bigger and bigger, we are not relying on dealer balance sheets that are not getting bigger”....
...Among the most persistent proponents of a Treasury CCP has been Darrell Duffie of Stanford University....
...Darrell Duffie, a Stanford finance professor and Treasury clearing house advocate, says yes....
...What matters about this rescue for 2021 and beyond, argues Darrell Duffie of Stanford University’s Graduate School of Business, is that there is counterproductive moral hazard in relying on future Fed rescues...
...Darrell Duffie, a professor of finance at Stanford University Graduate School of Business, has pointed out that while growing federal deficits since the financial crisis of 2008 have caused the stock of...
...PayPal’s core business is online payments but its customers wanted credit too, says Darrell Esch, commercial officer for PayPal Credit....
...“We do not view last week’s equity-market correction as reflecting a change in the fundamental outlook, but rather as a normal and healthy correction in an improving macroeconomic landscape,” Darrell Cronk...
...“Uncertainty around the government does not help to attract new money,” said Darrell Wheeler, head of research at S&P....
...**To be fair, the amount of competition probably varies across money markets, as pointed out by a Darrell Duffie paper Potter took issue with in his speech....
...“The market is cautious,” says Darrell Wheeler, head of structured finance research at S&P Global Ratings....
...The lack of competition in money markets has allowed banks to essentially charge rent there, going by this paper from Darrell Duffie and Arvind Krishnamurthy of Stanford....
...It also does not use its own balance sheet to finance customers’ systems....
...Hence the balance sheet rental fee....
...“It has really performed wonderfully from a loss perspective, even though we don’t disclose those numbers,” said Darrell Esch, head of business lending....
...This has made them attractive for banks, but the availability of loans has remained limited by the banks’ balance sheet capacity....
...Darrell Issa, the senior Republican member on the committee, accused Mr Bernanke of a “cover up” and of shutting out other regulators such as the Securities and Exchange Commission....
...Securitisation – a financing method that allows banks to take loans such as mortgages off their balance sheets by bundling them together and issuing securities backed by the payments on those loans – has...
...(Unusually, Kelly Hunter and Darrell D’Silva here do behave in such a way as to give at least a tiny patch of ground for Leontes’ mania.)...
...Mr Double, whose Canamar International makes huge plastic sheets to cover coal and grain from a plant nestled on the Minnesotan stretch of the big river, sees no signs of a slowdown....
...Had the Australian Darrell Hair, one of the umpires, exceeded his authority in declaring that Pakistan had forfeited the match by a temporary refusal to play on?...
International Edition