-When days turn good, it doesn’t bode well for financial reforms. With better-than-expected economic performance and rising market optimism, the need for financial reforms may fade out. Is the global financial system safer, or riskier? When the economy goes up, what shall we do about risks?
-The US has strengthened financial regulation with Dodd-Frank and other measures. How are they working? When President Trump called for deregulation, what did he mean?
-China has made financial risks and de-leveraging the top priority of its economic agenda. What are the risks it deems “systemic”? Which sectors need de-leveraging most?