Josh Galper's guest appearances

Josh Galper

Macro Musings with David Beckworth

Tyler Cowen

Ramesh Ponnuru

Fannie Mae

Sebastian Edwards

Alex Nowrasteh

Diego Zuluaga

Steve Horwitz

Felix Salmon

Alan Greenspan

Binyamin Appelbaum

Anat Admati

Noah Smith

Robert Hall

George Selgin

Scott Sumner

OwlTail

Josh Galper is the managing principal at Finadium, an independent consultancy in capital markets, and is deep in the trenches of the money markets, as well as the financial regulatory space. As a returning guest to the podcast, Josh rejoins Macro Musings to talk about some of the big changes we might see in financial regulation, especially as it relates to climate issues under the new Biden administration. David and Josh also discuss the prospects of negative interest rates in the US, the influence of the Financial Stability Board, and how to deal with Treasury and repo market stress in the future.   Transcript for the episode can be found  here.   Josh’s Twitter: @Finadium Josh’s Finadium profile: https://finadium.com/josh-galper-mba/   Related Links:   *Fed Joins Central Bankers Backing Paris Climate Goals* by Martin Arnold https://www.ft.com/content/008a12d2-7736-4db0-af9c-e063a0bcdd7a   *Managing Climate Risk in the U.S. Financial System* by the Climate Market Risk Subcommittee, Mark Risk Advisory Committee of the CFTC  https://www.cftc.gov/sites/default/files/2020-09/9-9-20%20Report%20of%20the%20Subcommittee%20on%20Climate-Related%20Market%20Risk%20-%20Managing%20Climate%20Risk%20in%20the%20U.S.%20Financial%20System%20for%20posting.pdf   *Fixing Financial Data to Assess Systemic Risk* by Greg Feldberg  https://www.brookings.edu/research/fixing-financial-data-to-assess-systemic-risk/   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth

Josh Galper is the managing principal at Finadium, an independent consultancy in capital markets, and is deep in the trenches of the money markets, as well as the financial regulatory space. As a returning guest to the podcast, Josh rejoins Macro Musings to talk about some of the big changes we might see in financial regulation, especially as it relates to climate issues under the new Biden administration. David and Josh also discuss the prospects of negative interest rates in the US, the influence of the Financial Stability Board, and how to deal with Treasury and repo market stress in the future. Transcript for the episode can be found <a href="https://www.mercatus.org/macro-musings/josh-galper-dealing-climate-risk-and-its-potential-impact-us-financial-markets" rel="nofollow" target="_blank"> here.</a> Josh’s Twitter: @Finadium Josh’s Finadium profile: <a href="https://finadium.com/josh-galper-mba/" rel="nofollow" target="_blank">https://finadium.com/josh-galper-mba/</a> Related Links: *Fed Joins Central Bankers Backing Paris Climate Goals* by Martin Arnold <a href="https://www.ft.com/content/008a12d2-7736-4db0-af9c-e063a0bcdd7a" rel="nofollow" target="_blank">https://www.ft.com/content/008a12d2-7736-4db0-af9c-e063a0bcdd7a</a> *Managing Climate Risk in the U.S. Financial System* by the Climate Market Risk Subcommittee, Mark Risk Advisory Committee of the CFTC <a href="https://www.cftc.gov/sites/default/files/2020-09/9-9-20%20Report%20of%20the%20Subcommittee%20on%20Climate-Related%20Market%20Risk%20-%20Managing%20Climate%20Risk%20in%20the%20U.S.%20Financial%20System%20for%20posting.pdf" rel="nofollow" target="_blank"> https://www.cftc.gov/sites/default/files/2020-09/9-9-20%20Report%20of%20the%20Subcommittee%20on%20Climate-Related%20Market%20Risk%20-%20Managing%20Climate%20Risk%20in%20the%20U.S.%20Financial%20System%20for%20posting.pdf</a> *Fixing Financial Data to Assess Systemic Risk* by Greg Feldberg <a href="https://www.brookings.edu/research/fixing-financial-data-to-assess-systemic-risk/" rel="nofollow" target="_blank"> https://www.brookings.edu/research/fixing-financial-data-to-assess-systemic-risk/</a> David’s blog: <a href="http://macromarketmusings.blogspot.com" rel="nofollow" target="_blank">macromarketmusings.blogspot.com</a> David’s Twitter: @<a href="https://soundcloud.com/DavidBeckworth" rel="nofollow" target="_blank">DavidBeckworth</a>

Josh Galper on Dealing with Climate Risk and Its Potential Impact on US Financial Markets

Josh Galper is the managing principal of Finadium, an independent consultancy in capital markets based out of New York City. He joins the show today as part of a two week special on the Fed and repo markets, as he helps us take a look at recent repo market stress from the private sector. Specifically, David and Josh discuss the current state of US repo markets, key bottlenecks that have arisen in 2019, and a balanced proposal to restoring stability in capital markets.   Transcript for the episode:  https://www.mercatus.org/bridge/podcasts/12232019/josh-galper-current-state-repo-markets-key-bottlenecks-and-balanced   Josh’s Twitter: @Finadium Josh’s Finadium profile: https://finadium.com/josh-galper-mba/   Related Links:   Finadium’s homepage: http://finadium.com Finadium’s magazine: http://securitiesfinancemonitor.com   *US Repo at Year-End 2019: The Hard Choices Ahead* by Josh Galper  https://finadium.com/finadium-us-repo-at-year-end-2019-the-hard-choices-ahead/   *Are New Repo Participants Gaining Ground?* by Adam Copeland, Ira Selig, &amp; Anya Tarascina  https://libertystreeteconomics.newyorkfed.org/2019/04/are-new-repo-participants-gaining-ground.html   Repo week episode one: *George Selgin on Repo Market Stress, Fed Balance Sheet Volatility, and a Standing Repo Facility*  https://macromusings.libsyn.com/george-selgin-on-repo-market-stress-fed-balance-sheet-volatility-and-a-standing-repo-facility   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth

Josh Galper is the managing principal of Finadium, an independent consultancy in capital markets based out of New York City. He joins the show today as part of a two week special on the Fed and repo markets, as he helps us take a look at recent repo market stress from the private sector. Specifically, David and Josh discuss the current state of US repo markets, key bottlenecks that have arisen in 2019, and a balanced proposal to restoring stability in capital markets. Transcript for the episode: <a href="https://www.mercatus.org/bridge/podcasts/12232019/josh-galper-current-state-repo-markets-key-bottlenecks-and-balanced" rel="nofollow" target="_blank"> https://www.mercatus.org/bridge/podcasts/12232019/josh-galper-current-state-repo-markets-key-bottlenecks-and-balanced</a> Josh’s Twitter: @Finadium Josh’s Finadium profile: <a href="https://finadium.com/josh-galper-mba/" rel="nofollow" target="_blank">https://finadium.com/josh-galper-mba/</a> Related Links: Finadium’s homepage: <a href="http://finadium.com" rel="nofollow" target="_blank">http://finadium.com</a> Finadium’s magazine: <a href="http://securitiesfinancemonitor.com" rel="nofollow" target="_blank">http://securitiesfinancemonitor.com</a> *US Repo at Year-End 2019: The Hard Choices Ahead* by Josh Galper <a href="https://finadium.com/finadium-us-repo-at-year-end-2019-the-hard-choices-ahead/" rel="nofollow" target="_blank"> https://finadium.com/finadium-us-repo-at-year-end-2019-the-hard-choices-ahead/</a> *Are New Repo Participants Gaining Ground?* by Adam Copeland, Ira Selig, &amp; Anya Tarascina <a href="https://libertystreeteconomics.newyorkfed.org/2019/04/are-new-repo-participants-gaining-ground.html" rel="nofollow" target="_blank"> https://libertystreeteconomics.newyorkfed.org/2019/04/are-new-repo-participants-gaining-ground.html</a> Repo week episode one: *George Selgin on Repo Market Stress, Fed Balance Sheet Volatility, and a Standing Repo Facility* <a href="https://macromusings.libsyn.com/george-selgin-on-repo-market-stress-fed-balance-sheet-volatility-and-a-standing-repo-facility" rel="nofollow" target="_blank"> https://macromusings.libsyn.com/george-selgin-on-repo-market-stress-fed-balance-sheet-volatility-and-a-standing-repo-facility</a> David’s blog: <a href="http://macromarketmusings.blogspot.com" rel="nofollow" target="_blank">macromarketmusings.blogspot.com</a> David’s Twitter: @<a href="https://soundcloud.com/DavidBeckworth" rel="nofollow" target="_blank">DavidBeckworth</a>

Josh Galper on the Current State of Repo Markets, Key Bottlenecks, and a Balanced Proposal to Restore Stability

 Josh Galper is the managing principal of Finadium, an independent consultancy in capital markets with unique expertise in securities, finance, collateral, and derivatives. He joins the show today to talk about money markets, overnight interest rates, and some of the big issues in this area. David and Josh also discuss the Lehman Brothers collapse, the “Narrow Bank,” and what we should know about key interest rates; namely the repo rate, LIBOR, interest on excess reserves rate, and SOFR.   Transcript for the episode: https://www.mercatus.org/bridge/podcasts/12072018/plumbing-monetary-policy   Josh’s Twitter: @Finadium Josh’s Finadium profile: https://finadium.com/josh-galper-mba/   Related Links:   Finadium’s homepage: http://finadium.com   Finadium’s magazine: http://securitiesfinancemonitor.com   *Second Report of the Alternative Reference Rates Committee* by the New York Fed  https://www.newyorkfed.org/medialibrary/Microsites/arrc/files/2018/ARRC-Second-report   *The SOFR Transition: Benchmarks, Futures, and P&amp;L* by Finadium  https://finadium.com/finadium-report-desc/sofr-transition-benchmarks-futures-profit-loss/   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth

Josh Galper is the managing principal of Finadium, an independent consultancy in capital markets with unique expertise in securities, finance, collateral, and derivatives. He joins the show today to talk about money markets, overnight interest rates, and some of the big issues in this area. David and Josh also discuss the Lehman Brothers collapse, the “Narrow Bank,” and what we should know about key interest rates; namely the repo rate, LIBOR, interest on excess reserves rate, and SOFR. Transcript for the episode: <a href="https://www.mercatus.org/bridge/podcasts/12072018/plumbing-monetary-policy" rel="nofollow" target="_blank">https://www.mercatus.org/bridge/podcasts/12072018/plumbing-monetary-policy</a> Josh’s Twitter: @Finadium Josh’s Finadium profile: <a href="https://finadium.com/josh-galper-mba/" rel="nofollow" target="_blank">https://finadium.com/josh-galper-mba/</a> Related Links: Finadium’s homepage: <a href="http://finadium.com" rel="nofollow" target="_blank">http://finadium.com</a> Finadium’s magazine: <a href="http://securitiesfinancemonitor.com" rel="nofollow" target="_blank">http://securitiesfinancemonitor.com</a> *Second Report of the Alternative Reference Rates Committee* by the New York Fed <a href="https://www.newyorkfed.org/medialibrary/Microsites/arrc/files/2018/ARRC-Second-report" rel="nofollow" target="_blank"> https://www.newyorkfed.org/medialibrary/Microsites/arrc/files/2018/ARRC-Second-report</a> *The SOFR Transition: Benchmarks, Futures, and P&amp;L* by Finadium <a href="https://finadium.com/finadium-report-desc/sofr-transition-benchmarks-futures-profit-loss/" rel="nofollow" target="_blank"> https://finadium.com/finadium-report-desc/sofr-transition-benchmarks-futures-profit-loss/</a> David’s blog: <a href="http://macromarketmusings.blogspot.com" rel="nofollow" target="_blank">macromarketmusings.blogspot.com</a> David’s Twitter: @DavidBeckworth