Search Results for: financial news

European Sovereign Debt in Distress

Following the 2007 sub-prime mortgage meltdown and the subsequent contagion that took down virtually every asset class and in turn the institutions that held those assets, the government of many countries were called upon to stabilize financial asset prices, the … Continue reading

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DeJa Vu All Over Again: The Return of the Carry Trade and Implications

This summer the debt and equity rally continued with new strength. Evidence is new buying power is entering the market from leveraged lending similarly to the 2005-2007 asset rallies. In this case the likely lenders are US rather than Japanese … Continue reading

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Second Anniversary of Credit Meltdown: A Faith Based Rally

Today is August 3, 2009. It is the second anniversary of the modern day version of Black Monday. Two years ago today, financial markets started a meltdown. That, in turn, brought down the financial institutions that held the assets that … Continue reading

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