Section
Credit Markets
581 posts
BRICs Lay Foundation Stability: Merrill Lynch
Alex Patelis, Head of Global Economics, Merrill Lynch discusses the strength of BRIC (Brazil, Russia, India, China) countries…
China's Bold Economic Policy Moves
CLSA Asia-Pacific Markets, a division of Credit Lyonnais/Credit Agricole, are one of the best groups of analysts providing…
Commodity Snapshot
Judging by the way that commodities prices have literally been "drawn and quartered" since July, its obvious that…
Counterparty Risk Easing: CDS Spreads Decline
According to BCA Research, CDS spreads declined sharply last week, further indicating that normalization of inter-bank lending could develop. CDS…
Falling LIBOR Spells Relief
Plop, Plop, Fizz, Fizz, Oh what a relief it is... Finally LIBOR rates have fallen meaningfully, and that…
Interest Rates Cut by 0.50% Around World
Key Central Banks around the globe have announced a concerted cutting of interest rates, by 0.50%, this morning,…
European Credit Crisis Deepens Global Selloff
Ongoing credit market turmoil and a rapidly deteriorating economic outlook have hit global equities very hard. Ongoing credit…
Euro Down Against Dollar
As pointed out by one of our favourite commentators, Hugh Hendry, CIO, Eclectica Asset Management, Ireland's plans to…
Hendry: Ireland's Guarantee will Destroy Euro
We are huge fans of Hugh Hendry, the outspoken and brash CIO of UK based UK-based Eclectica Asset…
High Yield Credit Spreads at Record Levels
As of today, credit spreads on High Yield bonds have attained new heights, those not seen since October…
Bailout Failure: Voters Rescued
Perhaps the biggest problem with the credit market debacle is that Main Street doesn't get it. Literally. Try…
Is There a Bull Market Somewhere?
Not likely, according to PIMCO's Bill Gross. In his most recent Investment Outlook, Gross, reasons and opposes (for…
Credit Crisis Observations
Niels Jensen and Jan Wilhelmsen of Absolute Return Partners (www.arpllp.com) produced an informative analysis of the credit crisis…
Highs and Lows of the Week
The following chart shows how the ten sectors of the S&P 500 performed this week in the context of…
Pershing Square Capital Management Releases Letter to U.S. Treasury Department Regarding Fannie Mae and Freddie Mac
Pershing Square Capital Management, L.P. sent the following letter September 6, 2008 (courtesy: BusinessWire) to the U.S. Treasury Department regarding…
