Blog Archives

US Morning Report: It’s just the Citi, Retail sales don’t disappoint..China may

Retail sales are down 0.5% for June 12, the most disappointing but probably putting faith back in the multiple reports of retail same store sales that dot the landscape after the ingratuitous jump in sales data in May. However for

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Posted in Amitonomics, Banking, Emerging Markets, Financial Markets, US

US Morning Report: Depressed Prices, Jobless claims makes news again

Import Prices are now down 2.7% on year after they first breached the zero line in May ever so slightly. Export prices are similarly depressed by 2.1% on year. However on the back of higher consumer credit offtake in May the first

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Posted in Amitonomics, Bailout Nation, Constitution Day, Private Equity, US

Monte De Paschi state aid not Basel III, Lloyd close to selling 600 branches | Banking insight

Monte De Paschi de Siena is getting new state aid from Mario Monti’s government of upto EUR 3.5 B to make a pitstop as it was marked by EBA in the recent stress tests for a EUR 3.27 B shortfall.

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Posted in Amitonomics, Banking, Europe, 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

Why Portugal is next in line for a bailout and why Italy does not need more? | Insight Europe

Preview: Portugal was able to raise EUR 1.25 bln in 11 month paper and EUR 0.5 bln in 6 month paper at 5.90% and 4.346% on Jan 18, 2012 a full point lower than the earlier auction of one year

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

European Debt Crisis: Saving Italy, the Merkozy ballot and Liquidity

The Euro is perched at an uncomfortably high 1.34 from here but is unlikely to come down in a hirry even as Santa takes out the reindeer for a December Rush job. Mario Monti’s diktat is worth EUR30 bln ($41

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Posted in Financial Markets

European Debt Crisis: OECD reports, Bond data and ‘elite’ bond rumors

European markets rallied even as governments put their hands down and ECB buying remained limited at $ 8.6 bln  last week Tail risks in 0 year Bund yields show up though but Europe is more or less setled into its

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

European Debt crisis: A silly note on a silly situation

Image by osipovva via Flickr Image by DonkeyHotey via Flickr Now that Mario Monti has upped the ante for Euro zone governments and we have covered the daily deterioratiion in a dozen articles, we won’t be covering more of the

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Posted in Banking, Bonds, China, European Sovereign Debt crisis, Financial Services, Global, Investments, iShares, US

The magic bottom trick for banks? – Fed Stress tests and the mire in Europe

Goldman Sachs is at a 60% lower $88 having hit a low of $87.60 in trading and a couple of writings affirming buy targets on the stock are already up. Macquarie analysts have added coverage for Goldman Sachs and the

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Posted in Bailout Nation, Banking, European Sovereign Debt crisis, US

Advantage Dealbook: This week’s investment banking buzz and inspiration

Goldman Sachs promotes this year’s Flock Goldman Sachs declared its new Managing Directors this year though with lesser fanfare and the number were just more than 200 instead ofthe 300+ last year. The bank has on board 450 Partner Managing

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Posted in Financial Markets