Dante Dallavalle is an adjunct professor of economics at John Jay College, City University of New York.
Articles by this author
Saturday, March 28, 2020
Our Economy Is a Sick Beast: The Corporate Debt Crisis Explained
The coronavirus shutdown is hammering supply and demand across the globe. That has forced the real economy into a sharp recession and triggered a rolling financial crisis . Below is a primer on one key piece of this mess: the crisis in corporate debt markets. This branch of finance is vitally...
Wednesday, March 11, 2020
Wall Street Is High on Government Supply
On September 17, 2019, as if sucker punched, a rather humdrum, yet huge and vitally important, section of finance — the $1 trillion a day US repo market, the backbone of overnight interbank lending — suddenly failed to clear. Government financial firefighters rushed to the scene and hosed down the...