Blog Archives

India Morning Report: Yen progresses weakness strategy to new levels

Even as Yen progresses jump(down) in currency, Dollar progresses on the long cherished goal of yields going in north just in time for Ben Bernanke to not worry about a lower rate of inflation in his last year on the job,

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Posted in Financial Markets

The Fed Thursday Update: The Balance Sheet of $2.853 T and the debt ceiling

While the Fed had a decrease in foreign Currency assets almost to $8.2 B and seemingly sold away another $5.2 B of Maiden Lane III, it still added a $10 B in MBS holdings (QE3 again?) and its holdings of

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Posted in Amitonomics, Bailout Nation, US

US Economy (EoD Review): China signs off on a cat fight for growth

JP Morgan’s bid for a local mutual fund notwithstanding, nothing substantial has happened from the House of JP Morgan and Goldman Sachs after setting up $5 bln in funds with local government as Private Equity and as mutual funds .

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Posted in Amitonomics, China, Global, US

Dealing yourself Emerging market equities | Fund insight

Despite the seeming market opportunity for Global funds in Europe with yields recovered to a 3 month low and credit markets busy in the new year without a whiff of default, the pending Greek discussions managed to pour water on

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Posted in Financial Markets

They pegged it! | The Swiss Franc is now CHF 1.20 = 1 EUR

The Swiss Franc is now CHF 1.20 = 1 EUR and already trading the Dollar 10% higher at 80 cents from 87 cents just yesterday..The Euro already down below $1.40 The Swissie finally gives up on the power game ..and took

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Posted in Amitonomics, Banking, Global, US

Japan's tragedy kicks up the yen – III | Factoring the tragedy, slowly

The weakness in the Yen is long lasting. In fact while the G7 intervention was only a $500 billion a year long Japanese intervention of closer to $17 trillion also is not really required any more. the weakness in the

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Posted in Amitonomics, Global, US