• strict warning: Non-static method view::load() should not be called statically in /home/asymptot/public_html/modules/views/views.module on line 879.
  • strict warning: Declaration of views_handler_argument::init() should be compatible with views_handler::init(&$view, $options) in /home/asymptot/public_html/modules/views/handlers/views_handler_argument.inc on line 745.
  • strict warning: Declaration of views_handler_filter::options_validate() should be compatible with views_handler::options_validate($form, &$form_state) in /home/asymptot/public_html/modules/views/handlers/views_handler_filter.inc on line 589.
  • strict warning: Declaration of views_handler_filter::options_submit() should be compatible with views_handler::options_submit($form, &$form_state) in /home/asymptot/public_html/modules/views/handlers/views_handler_filter.inc on line 589.
  • strict warning: Declaration of views_handler_filter_node_status::operator_form() should be compatible with views_handler_filter::operator_form(&$form, &$form_state) in /home/asymptot/public_html/modules/views/modules/node/views_handler_filter_node_status.inc on line 14.
  • strict warning: Non-static method view::load() should not be called statically in /home/asymptot/public_html/modules/views/views.module on line 879.
  • strict warning: Declaration of views_plugin_style_default::options() should be compatible with views_object::options() in /home/asymptot/public_html/modules/views/plugins/views_plugin_style_default.inc on line 25.
  • strict warning: Declaration of views_plugin_row::options_validate() should be compatible with views_plugin::options_validate(&$form, &$form_state) in /home/asymptot/public_html/modules/views/plugins/views_plugin_row.inc on line 135.
  • strict warning: Declaration of views_plugin_row::options_submit() should be compatible with views_plugin::options_submit(&$form, &$form_state) in /home/asymptot/public_html/modules/views/plugins/views_plugin_row.inc on line 135.
  • strict warning: Non-static method view::load() should not be called statically in /home/asymptot/public_html/modules/views/views.module on line 879.

Visualising 'Crowding Out' The Macro Perspective

all charts from the European Central Bank Statistical Data Warehouse : http://sdw.ecb.europa.eu/

New asymptotix paper: Quantitative Easing and the Yield on the Ten Year Gilt

asymptotix QE10Y

this intro page updated / edited 7th July 2012
(the paper probably needs a re-write & update too)

At the beginning of asymptotix, explaining our philosphy here, I said;-

Back in the day; the Monetarist / Keynesian debate, bursting out in the US when Reagan was elected, the Keynesians (e.g. Cowles Commission) could attack monetarists by saying that monetarists had no theory [the monetarists were 'Logical Positivists']. The monetarist response (Chicago School and Berkeley) was that the Keynesians did not understand science and particularly did not understand data.

ECB: The annual rate of change of M3 stood at 0.2% in July 2010

The annual rate of change of M3 stood at 0.2% in July 2010, unchanged from the previous month. The three-month average of the annual rates of change of M3 over the period May 2010 - July 2010 stood at 0.1%, compared with 0.0% in the period April 2010 - June 2010.

Regarding the main components of M3, the annual rate of growth of M1 decreased to 8.1% in July 2010, from 9.2% in June. The annual rate of change of short-term deposits other than overnight deposits increased to -6.0% in July, from -7.1% in the previous month. The annual rate of change of marketable instruments decreased to -8.3% in July, from -7.6% in June.

30-Year Government Bond Yield Near Record Low Before Central Bankers Talk

German 30-year government bond yields were near a record low on speculation Federal Reserve Governor Ben S. Bernanke will signal today his willingness to increase purchases of Treasuries. Ten-year yields were within six basis points of the lowest on record before a report forecast to show German consumer price growth stalled in August. The U.S. economy grew more slowly than initially estimated, a report from the Commerce Department will show, according to the median estimate of 81 economists in a Bloomberg survey. Bernanke is scheduled to speak at 3 p.m. London time in Jackson Hole, Wyoming.

Interest rates 'may hit 8pc' in two years

Andrew Lilico, chief economist at the influential Policy Exchange think tank, has warned of an interest rate environment not seen since the 1990s. He said the rise could happen as the recovery beds in and Government measures to stave off a recession lead to an explosion in the money supply. Mr Lilico also warned of a return to "boom and bust", as ballooning inflation threatens to tip the economy back in to recession in 2013 or 2014.


SIAG ZERO COUPON YIELD CURVEMy partners at Siag in Madrid are in a development process, at the finalisation of a Software product launch, for a new product called 'Price Manager', I get to see early screen shots, now and again, just glimpses of the future as it waits to be rolled out, growling like all good cyborgs do!

EURO Money Supply (M3) New Year's Eve 2009

 EURO M3 2009

Dataset name: Balance Sheet Items; Frequency: Monthly; Reference area: Euro area (changing composition); Adjustment


indicator: Working day and seasonally adjusted; BS reference sector breakdown: MFIs, central government and post office

giro institutions; Balance sheet item: Monetary aggregate M3; Original maturity: Not applicable; Data type: Index of

a long way to climb

euribor spread sept09b

Yield curve spot rate, spread between the 10-year and 3-month maturity

ECB 10 year 3mth spreadDataset name Financial market data - yield curve
Frequency Business
Reference area Euro area (changing composition)
Currency Euro
Financial market provider ECB
Financial market instrument Government bond, nominal, all triple A issuer companies
Financial market provider identifier Svensson model, continuous compounding, yield error minimisation
Financial market data type Yield curve spot rate, spread between the 10-year and 3-month maturity

Short URL
Asymptotix on Twitter

Are the key legislative pillars such as Basel II & III, UCITS IV and Solvency II forcing you to re-examine how you identify, measure and manage risk and capital?

Asymptotix work closely with our partners to help clients develop a more proactive, systematic and integrated approach to governance and risk management to deliver proper value.

Asymptotix can offer the support you need to deliver on time. Read more...

Is the goal of your website to sell services or products, educate, or collect data?

A positive customer experience is vital to conversion, no matter what your conversion goals may be. Our designers and developers will create a positive experience to maximize your conversions and deliver the optimal return on your investment. We strive to find the perfect balance between the web site’s design and functionality.

Asymptotix implements interactive solutions for European companies. From corporate websites to social communities, our clients will tell you an investment in building a scalable online experience will deliver long-term tangible benefits.

Based in Luxembourg we can help you all over Europe. Our multi-lingual team can work with projects and speak your language! Read more...