How Will the U.S. Stress Tests Impact Asia? [View article]
[The methodology behind the stress tests are scheduled for release on Friday, 24th April, in the form of a white paper by the Fed, ]
This will be the interesting part: How bad IS the worst case economic scenario foreseen by Treasury. Will it be too optimistic? Then the test is rather worthless. Will it be too pessimistic? Then it may create more panic in its own right.
I look forward to see the blogs and interviews of the best economic brains scrutinizing the methodology.
How Will the U.S. Stress Tests Impact Asia? [View article]
This will be the interesting part: How bad IS the worst case economic scenario foreseen by Treasury.
Will it be too optimistic? Then the test is rather worthless.
Will it be too pessimistic? Then it may create more panic in its own right.
I look forward to see the blogs and interviews of the best economic brains scrutinizing the methodology.