If the political turmoil in the US isn’t enough to leave you queasy, signs of trouble in the banking sector are starting to emerge.
Analysts have speculated for months when (whether) the collapse in commodities prices would trigger ripple effects in the investment world. This week, for the first time since the financial collapse, the public was introduced to a new, innovative financial instrument: the CoCo bond. Differences of opinion on how to value Deutsche Bank’s hard-to-value Contingent Convertible bonds in light of recent losses led to wild stock fluctuations. Expect more of the same.
So, let’s chance the subject. How about some lighter material for a change.
From Mental Floss: What ever happened to the waterbed?
From the Guardian: How Siri may be killing off accents
From Gizmodo: How to harness the placebo effect as a treatment method
From LiveScience: Laser scans are uncovering ‘lost’ Roman Roads in Britain