Decision-making

Financial stability and macroprudential regulation under diagnostic expectations

Retrieved on: 
Saturday, November 26, 2022

In this article, we examine the joint implications of external financing frictions and cognitive misperceptions for the stability of the financial system and the appropriate conduct of macroprudential regulation.

Key Points: 
  • In this article, we examine the joint implications of external financing frictions and cognitive misperceptions for the stability of the financial system and the appropriate conduct of macroprudential regulation.
  • [2]
    Relative to the rational benchmark, diagnostic expectations and their interactions with financing frictions exacerbate instability in financial markets and economic activity.
  • Financial implications of financing frictions and diagnostic expectations (1/2)

    Notes: The chart illustrates interactions between fluctuations in financial net worth (i.e.

  • Blue ink indicates additional effects over a world with rational expectations that stem from diagnostic expectations.
  • First, diagnostic expectations intensify a positive interaction between fluctuations in financial net worth and fluctuations in asset prices (Chart 1).
  • Financial implications of financing frictions and diagnostic expectations (2/2)

    Notes: The chart reports stationary density functions of the aggregate capitalisation of financial intermediaries under rational and diagnostic expectations.

  • Relative to the rational framework, under diagnostic expectations, appropriate macroprudential restrictions on new credit to the nonfinancial sector are tighter, even when the regulator is subject to the same expectations as the private sector.
  • These results naturally reveal disagreements among potential regulators with differing degrees of diagnostic expectations about the appropriate regulation.
  • We examine the joint implications of external financing frictions and diagnostic cognitive misperceptions about economic fundamentals or asset prices for the stability of the financial system and the appropriate conduct of macroprudential regulation.
  • The key result is that diagnostic expectations exacerbate financial instability relative to the benchmark of rational expectations.
  • This finding calls for tighter macroprudential regulation even when the regulator is also subject to misperceptions.

G20 declaration dispels clouds, highlights value of seeking common ground while reserving differences: Global Times editorial

Retrieved on: 
Thursday, November 17, 2022

BEIJING, Nov. 16, 2022 /PRNewswire/ -- An editorial from Global Times: The 17th G20 Heads of State and Government Summit concluded on Wednesday.

Key Points: 
  • BEIJING, Nov. 16, 2022 /PRNewswire/ -- An editorial from Global Times: The 17th G20 Heads of State and Government Summit concluded on Wednesday.
  • We saw that the spirit of seeking common ground while reserving differences once again played a leading role at a critical moment in human development.
  • In 1955, then Chinese premier Zhou Enlai participated in Bandung Conference in Indonesia and put forward the principle of seeking common ground while reserving differences.
  • Some have called the G20 summit "an emergency rescue of the global economy under the threat of recession."

SLACOM and NCCN Launch International Project to Improve Breast Cancer Care in Argentina

Retrieved on: 
Wednesday, November 16, 2022

BUENOS AIRES, Argentina and PLYMOUTH MEETING, Pa., Nov. 16, 2022 /PRNewswire/ -- The National Comprehensive Cancer Network® (NCCN®)—a non-profit alliance of leading cancer centers across the United States—is launching a collaborative project with the Latin American and Caribbean Society of Medical Oncology (SLACOM) in Buenos Aires, Argentina, today. The joint initiative brings together patients, healthcare providers, government officials, and other thought leaders to analyze any barriers that prevent the delivery of optimal breast cancer care throughout the region. The group will also develop recommendations to ensure cancer treatment can be provided according to the latest evidence-based expert consensus NCCN Clinical Practice Guidelines in Oncology (NCCN Guidelines®).

Key Points: 
  • BUENOS AIRES, Argentina and PLYMOUTH MEETING, Pa., Nov.16, 2022 /PRNewswire/ --The National Comprehensive Cancer Network ( NCCN )a non-profit alliance of leading cancer centers across the United Statesis launching a collaborative project with the Latin American and Caribbean Society of Medical Oncology (SLACOM) in Buenos Aires, Argentina, today.
  • The group will also develop recommendations to ensure cancer treatment can be provided according to the latest evidence-based expert consensus NCCN Clinical Practice Guidelines in Oncology (NCCN Guidelines).
  • The National Comprehensive Cancer Network ( NCCN ) is a not-for-profit alliance of leading cancer centers devoted to patient care, research, and education.
  • NCCN is dedicated to improving and facilitating quality, effective, equitable, and accessible cancer care so all patients can live better lives.

SLACOM and NCCN Launch International Project to Improve Breast Cancer Care in Argentina

Retrieved on: 
Wednesday, November 16, 2022

BUENOS AIRES, Argentina and PLYMOUTH MEETING, Pa., Nov. 16, 2022 /PRNewswire/ -- The National Comprehensive Cancer Network® (NCCN®)—a non-profit alliance of leading cancer centers across the United States—is launching a collaborative project with the Latin American and Caribbean Society of Medical Oncology (SLACOM) in Buenos Aires, Argentina, today. The joint initiative brings together patients, healthcare providers, government officials, and other thought leaders to analyze any barriers that prevent the delivery of optimal breast cancer care throughout the region. The group will also develop recommendations to ensure cancer treatment can be provided according to the latest evidence-based expert consensus NCCN Clinical Practice Guidelines in Oncology (NCCN Guidelines®).

Key Points: 
  • BUENOS AIRES, Argentina and PLYMOUTH MEETING, Pa., Nov.16, 2022 /PRNewswire/ --The National Comprehensive Cancer Network ( NCCN )a non-profit alliance of leading cancer centers across the United Statesis launching a collaborative project with the Latin American and Caribbean Society of Medical Oncology (SLACOM) in Buenos Aires, Argentina, today.
  • The group will also develop recommendations to ensure cancer treatment can be provided according to the latest evidence-based expert consensus NCCN Clinical Practice Guidelines in Oncology (NCCN Guidelines).
  • The National Comprehensive Cancer Network ( NCCN ) is a not-for-profit alliance of leading cancer centers devoted to patient care, research, and education.
  • NCCN is dedicated to improving and facilitating quality, effective, equitable, and accessible cancer care so all patients can live better lives.

SparkCognition Government Systems' (SGS) President and General Manager Logan Jones Elected to the National Defense Industrial Association (NDIA) Board of Directors

Retrieved on: 
Wednesday, November 16, 2022

AUSTIN, Texas, Nov. 16, 2022 /PRNewswire/ -- SparkCognition Government Systems (SGS), developing trusted artificial intelligence (AI) solutions for defense and national security, today announced its President and General Manager, Logan Jones, has been elected to the National Defense Industrial Association's (NDIA) Board of Directors.

Key Points: 
  • AUSTIN, Texas, Nov. 16, 2022 /PRNewswire/ -- SparkCognition Government Systems (SGS), developing trusted artificial intelligence (AI) solutions for defense and national security, today announced its President and General Manager, Logan Jones, has been elected to the National Defense Industrial Association's (NDIA) Board of Directors.
  • Work, former U.S. Deputy Secretary of Defense, Chairman of the SGS Board, and Distinguished Senior Fellow for Defense and National Security at the Center for a New American Security.
  • The NDIA Board of Directors is composed of senior leaders across the broad spectrum of companies that support national security and comprise the defense industrial base.
  • SparkCognition Government Systems' (SGS) award-winning AI solutions solve the most critical challenges for government, national security, and defense.

AltaML Ranked Number 71 Fastest-Growing Company as part of the Deloitte Technology Fast 500™ and Deloitte Canada's Technology Fast 50™ programs

Retrieved on: 
Wednesday, November 16, 2022

71 on the Deloitte Technology Fast 500 ,a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 28th year.

Key Points: 
  • 71 on the Deloitte Technology Fast 500 ,a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 28th year.
  • As part of the 2022 Deloitte Canada Technology Fast 50 awards program, AltaML also received recognition for its rapid revenue growth, entrepreneurial spirit, and bold innovation.
  • AltaML has invested heavily in talent development, including operating a talent accelerator program whereby senior personnel provide mentorship to emerging talent.
  • The program also recognizes companies within the North American Technology Fast 500 ranking, identifying thriving technology companies in the United States and Canada.

StellarFi Surpasses $1M ARR Five Months After Launch, Emerges as Critical Option for Americans Facing Financial Challenges

Retrieved on: 
Wednesday, November 16, 2022

Instead, StellarFi is positioned for continued growth as an anti-fragile fintech startup precisely because its value proposition succeeds during market downturns and upturns.

Key Points: 
  • Instead, StellarFi is positioned for continued growth as an anti-fragile fintech startup precisely because its value proposition succeeds during market downturns and upturns.
  • More than 150 million Americans, half the country's population, currently have credit scores below 680.
  • StellarFi anticipates the economic downturn will drive another 30 million into this addressable market during the coming year.
  • Driven by his prior success in tackling complex financial problems, StellarFi founder and CEO Lamine Zarrad plans to expand financial equity nationwide and support millions in their journey toward financial security.

China's shining diplomacy at G20 summit good for world: Global Times editorial

Retrieved on: 
Wednesday, November 16, 2022

As for the causes, responsibilities and solutions to the challenges, the views of different countries differ given their own perspectives.

Key Points: 
  • As for the causes, responsibilities and solutions to the challenges, the views of different countries differ given their own perspectives.
  • But it is crucial to work together in order to deal with these global challenges.
  • China is a peace-loving country, and it has always been making friends and forming good ties.
  • China's major-country diplomacy has shown shining performance at the G20 summit, which is good news for the region and the whole world that are crisis-ridden.

Tencent Music Entertainment Group Releases Golden Melodies Research Report that Explores the Music Industry's Long-Term Value and Potential

Retrieved on: 
Wednesday, November 16, 2022

HONG KONG, Nov. 15, 2022 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, published a Golden Melodies Research Report today.

Key Points: 
  • HONG KONG, Nov. 15, 2022 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, published a Golden Melodies Research Report today.
  • Developed by TME Research Institute, it is the first report in the music industry to comprehensively describe the criteria and creation patterns of golden melodies.
  • The ever-changing music industry has posed challenges in creating golden melodies by referring to past successful singles.
  • In addition, the Golden Melodies Research Report provides insights into the development and value of golden melodies.

T. ROWE PRICE EXPERTS SHARE 2023 GLOBAL MARKET OUTLOOK

Retrieved on: 
Tuesday, November 15, 2022

BALTIMORE, Nov. 15, 2022 /PRNewswire/ -- 

Key Points: 
  • Historically, after stock market sell-offs of this year's magnitude, equity returns have been quite robust looking ahead a year or more
    T. Rowe Price held its 40thannual global market outlook press briefing today, with the firm's experts addressing the outlook for the global economy, equities, fixed income, and asset allocation.
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