Rccrd

Macro & finance tweeting. Engaged in eurocrisis. Now machine learning for Asset Management and some plummy PMs

[Rccrd @Fmirw]

Boston sunset

[Rccrd @Fmirw]

@oguzerkan @plmecc

[Rccrd @Fmirw]

@QuantINsider_IQ LOB

[Quant Insider.io @QuantINsider_IQ]

We have replicated 2 Models (Deep Learning and Stochastic Differential Equations Based Models) from the paper "Limit Order Book Simulations: A Review" by JP Morgan and University College London. 🧵

Like, Retweet and comment "LOB " to receive the code.

[Rccrd @Fmirw]

Insightful thread on AI\ML on finance

[Benn Eifert 🥷🏴‍☠️ @bennpeifert]

"but my machine learning model can forecast asset prices!"

stationarity is one of the most important concepts in probability and statistics

the essence of its meaning is that the specific pattern you are trying to understand is constant in a probabilistic sense

[Rccrd @Fmirw]

Sovereigns were most likely to see a role for data science in developing the sophistication of their data analysis and research, also playing a significant role in risk optimisation and the development
of portfolios with the strongest risk-adjusted return profile - #Invesco

[Rccrd @Fmirw]

Some 40% of the largest sovereigns are making use of artificial intelligence or machine learning and nearly half of sovereign funds have invested in data science teams in the last five years - #Invesco

[Ray Dalio @RayDalio]

The case at hand is that of Mario Draghi and Italy. This case isn't just interesting in how it will affect Italy, Europe, and beyond, it exemplifies how such cases generally transpire. It gives you and me the opportunity to watch an iconic case in action. (1/2)

[Rccrd @Fmirw]

Four Theorems and a Financial Crisis https://t.co/1xmdOwDaeC

[Ralph Sueppel @macro_synergy]

Very brief summary of "Behavioral Economics and Financial Decision Making" explaining cognitive biases such as confirmation bias, overconfidence bias, loss aversion, endowment effect, status quo bias, and biases related to choice overload. https://t.co/awTM6NxHrY

[Rccrd @Fmirw]

@plmecc Non male, non male...

[Rccrd @Fmirw]

Why Markets Boomed in a Year of Human Misery https://t.co/DSofvLQ9vS

[Rccrd @Fmirw]

Es bestätigt lediglich die stets vertretene Haltung: Mafia betrifft immer nur die anderen. Und: Was heißt schon Geldwäsche? Müssen wir uns auch noch darum kümmern, woher das Geld kommt, das in Deutschland investiert wird?

[Rccrd @Fmirw]

Dass man in Deutschland immer noch nicht begriffen zu haben scheint, wer oder was die (italienische) Mafia ist, beweist dieses Urteil. Was den ethischen Aspekt angeht, ist es ein Schlag ins Gesicht von unzähligen Opfern und deren Familien https://t.co/lKTmZ5GR9C

[Review of Economic Dynamics @RevEconDyn]

New paper "The euro area periphery and imbalances: Is it an Anticipation Story?," by @DanieleSiena_

The paper tries to rationalize the current account imbalances observed in Greece, Ireland, Portugal, and Spain before the Great Recession. (1/2)

https://t.co/MVp0KEeqIG

[Rccrd @Fmirw]

Demand-driven Euro appreciations are typically accompanied by persistently higher inflation. Exogenous Euro appreciations, however, are disinflationary for a number of quarters and typically met with significant easing of the relative monetary policy stance - #GS

[Rccrd @Fmirw]

Changes in the trade-weighted Euro exchange rate and import prices, such as for consumer goods, are tightly linked and relatively stable over time. The relationship with consumer price inflation is tenuous, by contrast, and typically found to have fallen over time - #GS

[Rccrd @Fmirw]

Pure exchange rate shocks and shocks to the relative monetary policy stance of the ECB have generally been important drivers of exchange rate volatility - #GS