Tags: BOE + Federal Reserve + Interest Rates + investing + LIBOR + Stocks
The Bank of England today announced a plan to swap government bonds for mortgages held at its banks for a term of 1-3 years. Under the BOE plan this would give British banks some long term capital to continue lending,
April 21, 2008 - Economy, Markets - 0 Comments
Tags: Bonds + Economy + Fed + Interest Rates + investing + Stocks
Interest rates are expected to be lowered again in the US and almost certainly will be lowered in the European Union if an economic slowdown marked by rising unemployment occurs as it seems to be in England, particularly London. Yet the global markets ex US & England are witnessing something quite different. While
April 18, 2008 - Economy, Markets - 0 Comments
Tags: Bear Stearns + Bonds + FINRA + Interest Rates + investing + SEC
US Financial companies (banks and brokers) continue to take write-offs for bad and risky loans. Exacerbating the credit crisis is the new, illiquidity of Auction Rate Securities (ARS)– fixed income securities issued by companies, municipalities, schools and hospitals with long term maturities that have variable interest rates that are typically reset every 7 - 35 days. Now […]
April 17, 2008 - Markets - 0 Comments
Tags: Economy + investing + Markets + Stocks
We have entered earnings season and we expect a rally because most analyst have reduced earnings bogies. Favored sectors continue to be Energy, Metals, Basic Materials, Natural Gas, Agricultural Commodities, Chemicals, Farm Machinery and Steel. Consumer Durables, Consumer Goods, Retail, Autos, Airlines, Builders, Lumber, Furniture & Furnishings and Luxury goods are expected to continue on the wain. Financials probably have bottomed unless […]
April 16, 2008 - Economy, Markets - 0 Comments
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