Blog Archives

Trading losses to hit Goldman Sachs again! | Banking insight

One instantly thinks up exposure to Europe’s credit markets when one thinks of Wall Street trading this year too and it seems Goldman Sachs has again stepped in it and Q2 earnings estimates are rapidly being downgraded this quarter. For

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Posted in Amitonomics, Banking, US

Asia Economy: Singapore, Japan GDP growth tracks positive reversal in fortunes

Q1 delivered another warning from Asian economies though trade data in China and Japan remained subdued on consumption imports. Japanese GDP growth would positively influence fortunes of Asia in general and in particular, Korea and China and therefore the rest

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Posted in Amitonomics, Banking, Global, US

Bank of America lets go of another Non US business | Deal Insight – Banking Insight

After $50 bln of asset sales thru 2009-2011 the bank was unable to satisfy the Treasury of its dividend plans and barely made the stress test parameters in Q1 as its new plans to go global witha strategy look more

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Posted in Amitonomics, Banking, European Sovereign Debt crisis, US

India FDI Report (2012)

India’a FDI process received a tremendous boost in March after $2 bln flows in January and February, itself a fair score were boosted to $8 bln for March even as international media slips into a morass using ignorance of India

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Posted in Amitonomics, Banking, Global, India, Retail Lifestyle

Gold, Silver finally moving on own steam | Commodities insight

Silver started a secular move up on Commodities exchanges in India about two hours ago soon after it hit rock bottom from its bull run of 2011 that was broken mid year as Global economic recoveries and metals consumption slowdown

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Posted in Amitonomics, Banking, Retail Lifestyle, US

Bank Results Season: Standard Chartered effectively neutralised in Asia? (Q1 2012)

The Temasek controversy apart ( Aside: This is not much of a controversy really, The investor wanted to hold $10 bln worth of Stan C shares and we assume and hope that Stan C will find ADIA or other bidders

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Posted in Amitonomics, Banking, Europe, Global, India Infrastructure

European Sovereign Debt Crisis: Huh! what Spanish downgrades! – Rinse. Lather. Repeat.

The Global Economy should have roiled hen Monday began with saddening aannouncements from S&P and moodys’ in Spain. as many as 16 Spanish banks were downgraded following the contraction in the Spanish economy ( of 0.3% – no less! )

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Posted in Amitonomics, Banking, Elections, Europe, European Sovereign Debt crisis, Financial Services, Global, US

Bank Results Season: JP Morgan prints “off the charts” revenue and earnings| Banking Insight

Dimon’s machine had a big plus smile on its face minutes ago as Revenues and Earnings from the World’s #1 bank came in beating all expectations by more than 5% on sales and more than 12% on profits. The bank published

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Posted in Amitonomics, Banking, US

Euro Debt Crisis: Another accident in German Bund Auctions | Insight Europe

After barely three months of 2012, the European Fixed Income vote of no confidence continued to strike terror in investors’ hearts with the flurry of bad news in  Economic Data thru February and march translating to investors s staying away

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Posted in Amitonomics, Banking, European Sovereign Debt crisis

US Economy: Here comes the Wednesday sun

And if you sell in May and stay away, you’ll come back another day! Midweek, in a confused moronic abyss in the market. I wonder if you realise Dow future s strted their Day on Aussie Home Loans reading, went

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Posted in Amitonomics, Banking, Retail Lifestyle
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