Sample Our Reports, Presentations, & Market Insights
Charts of the Week Topics Covered This Week Include: 3-Month GBP & US LIBOR Rates The Federal Reserve Takes A Stand Relative Stock-Bond Valuation Update On Commercial Paper Credit Spread Update Update On The ABX Indices Update On The CMBX Indices Current Account Deficit Chinese Stock Market What Is the Real Cause Of The Credit… Continue reading Untitled
Hedge Funds are not the Enemy The Fed is well-aware that a high concentration of capital available to hedge funds is in the hands of a small group of prime brokers, most of whom have their own products or proprietary trading desks competing directly...
U.S. Treasury’s International Capital Statistics Update Tables and comments detailing foreign investment through October 31, 2007 with data released on December 17, 2007. This month, we updated our look at foreign purchases of U.S. assets in...
Crude Oil’s Forward Curve, Inventories & Price A year-over-year comparison of crude oil’s forward curve indicates inventory accumulation has been replaced by final demand.
ABX For Dummies The ABX indices are among the most-watched and most misunderstood markets today. What follows is “A Dummies’ Guide to the ABX Indices,” intended for non-ABX users. Some concepts have been simplified for the sake of...
October Total Return Review: Sharpe Ratios Suggest Too Much Risk for the Reward The attached tables and comments update the total returns through October. This month, we also take a look at the risk-adjusted returns of various fixed income and equity...
An Update On The Credit Crisis: Is The Fed “Pushing On A String?” Over the past few months we have compiled a rather extensive list of charts which we believe to be good measures of stress in the credit markets. Because we are regularly...
The Helicopter Has Landed Again The Federal Reserve seems determined to duplicate the Bank of Japan’s successes with zero-percent interest rates and quantitative easing.
Inflation Watch Update The attached tables update inflation rates through September 2007. In this month’s update, we also take a look at how the overall CPI statistics reflect changing energy prices
Mergers & Acquisitions: Then And Now Prior to July 10, announced M&A activity was an important force driving the stock market. As private equity companies took public stock private, the float shrunk, which in turn sent the market higher....
Distorted LIBOR Continues To Show Stress In Markets It is estimated that $15 trillion in securities, derivatives and loans are tied to LIBOR. For this reason alone, this market bears watching. Until all 16 reporting banks can once again offer similar...
Commitments of Traders Update/Analysis Statistics cover the CoT report for September 25, 2007. Further charts and comments include: 5-Year Note Futures: Large Speculators Late To Long Side S&P 500 Futures: Commercials Buy Massively; What’s...