Blog Archives

US Economy: Higher Interest rates are here (likely!) and that guarantees growth

In what must gladden our and even Paul Krugman’s hearts, just two weeks ago a paper from our PM namesake and IMF Economist Manmohan Singh appeared to taser thru fixed income traders’ consciousness on the unlikely subject of Floating rate

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Posted in Amitonomics, Bailout Nation, Financial Markets, TARP, US

US Economy (EoD Review) : Crude build continued, 30 year yield shoots up to 3.38% (Auction)

A Hurrah for the going away of Daylight Savings as now the EOD review of Economic Data can come to you near market closing on most days. Especially on dull deal days like this as US Deals are down 60%

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Posted in Amitonomics, Banking, Global, US

A leap of faith: Why Portugal does not need a second bailout | Europe Review and Insight

While Spanish and Italian bonds are back in liquidity with yields for Italian bonds down to 1.2% for 6 months and 5.26% for 10 year bonds, just availability of quotes on the soveregns means that there are active buyers and

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Posted in Financial Markets

The Private Equity Bonus Roulette: KKR pays itself as a dozen go into active investigations

Valuation concerns flagged by the SEC in a Conference earlier this month haven’t subsided as SEC gets into checking the antecedents of all internal and external valuation done by Private Equity industry among other documentation and processes it is verifying

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Posted in Financial Markets

Ally Financial bothered with rebranding as GM? | Deal insight

The GMAC ‘outlet’ Ally Financial that has just stopped selling GMAC loands in Massachussets, is only 73.8% owned by the Treasury but for just $17 bln of the bailout money and between AIG and Ally, there could be some choice

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Posted in Financial Markets

Structured Finance revival key to European Fortunes again? | Levering insight

Seemingly not much of structured finance tranches adding investments and or redeeming this year have options outside the sector as European defaults of structured ABS remain all time lows providing hege funds a good income opportunity in a bleak envisromnment.

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Posted in Financial Markets

Mollycoddling banks on default! | Insight China

In a year when ctringent policy action on bans has been replaced by a considered caution in tightening and monetary loosening in policy, th ebanks have been asked to bear the burden of LGFV (LSFs)  that were coming dues this

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Posted in Financial Markets

A time for Davos rebuttals?

Jamie Dimon was in a more conciliatory mood as he praise dBen Brnanke at Davos after the rush o downgrades JP Morgan issued on Financials this morning. Jamie Dimon speak is of course unrelated and pretty measured but it was

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Posted in Banking, US

Bank of America gets impatient with flailing fortunes

Even as the Financials opened their account in 2012 with a 2% rise in Financials in the first few minutes and Bank of America inched closer to a $6 per share price, the Fed’s limitations on the bank in terms

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Posted in Banking, US

A commercial real estate transaction, but in Australia

Morning headlines in the Big West afforded new opportunities for galloping Economic confidence of the country in Financials stocks even as Bank of America got nearer to the $6 mark. Morgan Stanley’s purchase transaction in the funds management business in

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Posted in Financial Markets
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