Blog Archives

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: So is the Jobs report going to be good or bad!

Happy Holi to everyone from India. And back on th eJobs numbr, Claims were marginally higher at 362k, 4 week average at 355k, ADP Payrolls were on the whole very positive the large number raising expectations for the best ever

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Posted in Amitonomics, Europe, Global, US

Europe: Bundesbank decries the LTRO operations again | Europe Review & Insight

The issue at hand is how 800 banks were able to participate because of weaker collateral rules done on the sly by Mario Draghi’s ECB , first for collateral specific to smaller French banks and it seems another round of

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Posted in Financial Markets

European Sovereign Debt Crisis: Another EUR 530 bln down the hatch | Banking Insight – Europe Insight

And before you listen to the joint declaration from Greece and EC President Barroso later in the morning, the banks bought in a large amount for buying and selling Italian and Spanish bonds/yields and generally keep the EC Fixed Income

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Posted in Financial Markets

US Economy: Chicago Index shows great improvement , Greek Euros 130 bln a good plop in the bucket

The new LTRO( dole out for European banks to pay their creditors and free themselves up for interbank trading and auctions) is already anticipated as equity markets get used to sweeps of extra liquid cash. Slumping sub prime indices and contracting

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Posted in Amitonomics, Private Equity, Retail Lifestyle, US

European Banks Debt Crisis: ECB holds rates, increases eligibility of collateral

Draghi’s ECB rate meeting went off on an optimistic note but the  Bundesbank joined the band of Euro critics yesterday slamming the ECB chief for lowering his standards on credit claims acceptable. The added eligible claims for collateral free up to

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Posted in Financial Markets