Sample Our Reports, Presentations, & Market Insights
The Financial Times – Freddie and Fannie bank losses grow US regulators have underestimated potential bank losses on preferred stock issued by Fannie Mae and Freddie Mac, the American Bankers Association said on Monday. Nearly a third of US...
Comment The news of the last 24 hours is nothing short of overwhelming. We will have more in our conference call early next week and the coming days as we understand the details of what has been proposed. But first, some initial thoughts …....
The Financial Times – Lex: Morgan Stanley and Goldman Sachs Now Morgan Stanley and Goldman Sachs are under attack. The share price of the former has almost halved this week and it is rumoured to be talking to Wachovia about a merger. Is the...
Inflation Watch Update The attached tables update inflation rates through August 2008. In this month’s update, we highlight the problems associated with measuring inflation during a major turning point in the banking and credit markets.
Revisiting TIPS, Treasuries And Insurance Yesterday’s price action in the TIPS market confirmed once again how breakeven rates of inflation are distorted by conventional Treasuries’ insurance role.
Naked Capitalism (Blog) – Yves Smith: Preferred Shared Whacked in the Wake of Freddie, Fannie BailoutThe banking system needs to raise several hundred billion dollars of equity, and preferred stock is the lowest-cost way to do that in the...
What Is Taylor-Rule Neutrality For The Federal Funds Rate? Both the binary options market and the federal funds futures market are expecting no move at this month’s September 16, 2008 meeting. If the Federal Reserve is holding at 2.00%, does...
Was There A Global Currency Deal? Currency movements changed dramatically at the time of the Fannie Mae – Freddie Mac backstopping. Why?
Commitments of Traders Update/Analysis Statistics cover the CoT report for August 26, 2008. Further charts and comments include: Ten Year Treasury Note Futures: Large Speculators Start Betting On Rally Mexican Peso Futures: Large Speculators...
The Wall Street Journal – Common Myths About Commodity Investing There is a theory that has been doing the rounds that ordinary investors need to have some direct exposure to commodities like oil, copper and wheat through the futures market....
USERNAME: applePASSWORD: tree Due to broadcaster copyrights, the website with our video is now required to have a password (it cannot be an “open site”). When you click on the link above, you will be required to enter the username and...
Seeking Alpha (Blog) – Bush Approval Rating and Oil: Interesting CorrelationGallup.com’s most recent report on President Bush’s approval rating highlighted that it had been inching higher since the lows seen in late June. While...