Analysis
Why Does Treasury Market Liquidity Keep Regulators Awake at Night?
The world's benchmark market now trades like a crowded corridor, and three episodes since 2019 explain the supervision schedule that followed.
Author
Gordon Fielding
Independent analyst and columnist covering football, match analysis, sports evidence and the business of the game.
Articles by Gordon Fielding
Analysis
Are Airline Loyalty Programs Worth More Than the Airlines Themselves?
The miles liabilities on carrier balance sheets run into the tens of billions, and the co-brand card economics underneath them explain why.
Analysis
Why Consumer Staples Margins Keep Surviving Inflation Cycles
Packaged-food and household brands passed through the 2021–2023 cost shock with margins intact, and the filings show the machinery that did it.
Analysis
When Is a High Dividend Yield a Warning Instead of Income?
A yield that towers over the market usually prices a problem, and the payout ratio plus cash flow statement usually name it.
Markets News
What Does the Boom in Same-Day Options Tell Us About Risk?
Zero-day options now account for roughly half of S&P 500 option volume — a structural change in how the market prices and transmits daily moves.