There was an amazing array of images of financial networks at the seminar on Financial Risk and Network Theory to launch the new journal on Network Theory in Finance. Have a look at these visualizations from some of the 23 presentations. Which do you like best and why? Read more
Earlier in the year, the Cambridge Centre for Risk Studies ran a stress test to factor the global economic risk of a hypothetical ‘Millennial uprising’ – that is, a far reaching anti-austerity protest, helmed by the young, the educated and the unemployed, modelled on the Occupy and indignados movements. Our social unrest scenario was centred… Read more
In the Great Financial Crisis of 2007 to 2009, investment portfolios took big hits on their value, with indices like the Dow Jones falling to less than half of their pre-crisis peak by March 2009. Analysts said that the financial system had had a heart attack. This analogy was not far off. The lifeblood of… Read more
Risk Managers have never been short of data – they are usually drowning in it – so they can be forgiven for not getting too excited about the prospect of ‘Big Data’: the idea of orders of magnitude more digital information becoming available about everything. Risk managers monitor the variation in performance of their companies… Read more
The price of gold has stuttered this week and the stock price of metal producing companies has been marked down as mines in western and central Africa are closed in response to the growing Ebola epidemic. In recent decades, West Africa has become home to the production of key commodity resources in modern global trading.… Read more
