Blog Archives

Bank Results Season: Morgan Stanley bidding adieu to Investment Banking with a loss of $0.55 per share?

Unfortunately we will bid adieu (only to Morgan Stanley) here at advantages.us as of Q3 2012. A little unfortunate also because right now we do not really have a list of reasons why we would not like to follow thenm

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Posted in Amitonomics, Banking, US

Citi gets rid of Morgan Stanley Smith Barney baggage – Deal Insight / Banking Insight

The bank which is apparently acting on a quick menu to get rid of Capital loading it can work without has already seen a lot of brokerage losses after it took over a majority stake in Salomon Smith Barney back

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Posted in Amitonomics, Banking, US

US Morning Report: Euro to heart, what exactly is who pushing whom to?

I am sorry, it could be my personal distress as events on a tumultous tumbled expiry make my 99% confidence interval worthless to the skunk works of getting commercial success. However, Draghi’s push for the Euro after repeated commentary on

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Posted in Amitonomics, Banking, US

US Economy: There you go, now you can bin it! – Jobs Friday / ISM for May

  Recovery hopes dashed by Bad News Thursday were yet eagerly awaiting the expected 158,000 Job additions in the Jobs report after a mid afternoon stock recovery. The Dow Jones is now trading another 200 points lower after the report

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Posted in Amitonomics, housing, Retail Lifestyle, US

Don’t put me in Coach – March madness may not be over for you | Book Insight

See larger image Don’t Put Me In, Coach: My Incredible NCAA Journey from the End of the Bench to the End of the Bench (Hardcover) By (author) Mark Titus List Price: $24.95 USD New From: $12.58 In Stock Used from:

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Posted in Amitonomics, Financial Services, Global, Retail Lifestyle, US

US Economy: The morning begins well, It is Jobs thursday

Jobless claims fell 5,000 from a revised 353,000 for the week to 348,000 and the claims average took another hit in the belt with a drop to 355,000. A widely expected drop below 350,000 is next and then probably the

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Posted in Amitonomics, Banking, US

US Economy: The Housing Market recovery is still standing (in the hole?)

The possibility of yields climbing out to unforeseen levels has increased with the continuing recovery in domestic equities adding to all the fuss over emerging markets in the first quarter ( which does continue for the rest of 2012) and

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Posted in Amitonomics, US

Iran Sanctions: Addendum : IEA / SPR withdrawal refuted

It seems that cat got the whitehouse’s tongue after the reaction to its withdrawal with the UK from the Strategic Reserves was pretty muted ( zerohedge mentions it as less than $2 to barrel ) CSX up 7% despite weak

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Posted in Amitonomics

S&P rates new Greek bonds CCC ( Selective Default maintained) | Insight Europe

S&P maintained SD ratings on Greece instead of springing them back to the appropriate junk rating as they rated the new issue UK Law bonds worth $109.2 bln (53% FV)   a CCC, just below Investment grade BBB- by a

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

US Economy: Jobless claims start the Thursday rush order for data

The ISM Manufacturing Index of course would be key to watch esp as the GDP growth of 3% did not mean much in Q4 and strong ISM was the beginning of the flood of economic optimism built on the drop

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Posted in Financial Markets