Blog Archives

US Economy: Awry Euro claims could reward US investors, housing could recover

The day has started well with the Ira Sohn conference giving a lot of hope to ideas floating around in my head since that jump began last year, but then Jobless claims seem to have kidnapped good news baselines to

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Posted in Amitonomics, Banking, European Sovereign Debt crisis, Financial Markets, Global, US

US Economy: How about a Spanish Haven and other inspirational stories for a Thursday morning

The whole issue with Sain comes with the Spanish government not holding much debt of its own but banks needing over EUR 100 bln in Capital to fund their bad loans. However if a one time separation of these assets

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

US Economy (The Week ahead): Come back another day…(April 29, 2012 – May 05, 2012)

Market Interest is hot while Economic data see saws confirmed the ceiling of the recovery for 2012 and spending cuts from the government get into action while Obama rides out Romney Storms for a likely easy looking re-election campaign for

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Posted in Amitonomics, Banking, European Sovereign Debt crisis, Financial Markets, Retail Lifestyle, US

European Debt Crisis: Lesser Non European customers, Italian 3-yr yields jump to under 4%

The morning stream of data knocked the winds out of the Europe watchers but sentiment still improved on basis of yesterday’s scare turning out to be a non starter. UK, the most promising Common market, unfettered by the Euro also

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Posted in Amitonomics, Banking, Europe, European Sovereign Debt crisis, Global

US Economy (EoD Review) : Sentiment upscaled again, S&P jittery at the peak

Mt. 14K is no tuntil December, and that is the only comfort one can draw from this week as the Consumer Comfort index kept creeping up and the January credit figures still at near all time highs led by auto loans.

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Posted in Amitonomics, US

US Economy: No honestly, there’s no data reported on Friday, more of Europe. UGH.

EUR 21 bln of Sovereign bonds with EUR 12.5 bln already committed today and the rest coming next week  and European PPI was more than a mite uncomfortable at a high 3.7% Y/Y driven by Oil even as demand goes

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Posted in Financial Markets

Europe: Getting used to it? Though it’s $1 Tln now ( at your friendly neighbourhood ECB ‘branch’)

Of course it’s not Rinse. Wash. Repeat. anymore, it’s just Borrow from ECB, Deposit at ECB. and ECB can’t see much lending but liquidity is there. Welcome drops in yields apart, the deposits at ECB have finally hit a $1

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Posted in Financial Markets

Europe: ISDA tackles the tough question of Default in the Greek swap ( Post ISDA Action update)

The EMEA Determinations committee that handled the thorny question decided to llet matters be for now asking investors to be sure to come back if anything else happened , bu tthat as of now there was no Credit event apparently

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Posted in Financial Markets

Europe: ISDA tackles the tough question of Default in the Greek swap

The ISDA decision is key to the Greek debt situation roll out from here as ISDA contracts enforce all derivatives and despite the flexi nature of OTC derivatives and their preponderence, most banks and now clearing house operations will not

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Posted in Financial Markets
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