Economy Blog » 2007 » December

Economy Blog
Everything about the economy in a single blog

RSS | Visita nuestra web

MBIA: I wonder who they found to pull that off

What did we learn today? As you probably know by now, Warburg Pincus has agreed to invest $500 million in MBIA stock (about 13% of the company), as well as backstop a $500 million shareholder rights offering which MBIA plans for 1Q 2008. In exchange for backing the future offering, Warburg is getting $500 million in warrants priced at $40/share. I’d think that if Warburg is willing to invest at $31/share, there won’t be trouble getting the public to take another $500 million….
Original Source

10 December, 2007| Economy | Comments (0) @ 22:17

ABX - CMBX Update

…
Original Source

10 December, 2007| Economy | Comments (0) @ 21:41

More Rating Transitions : U.S. RMBS & CDO of ABS & SIV-Lite

U.S. RMBS (Prime, subprime, Alt-A, CES, NIMS) & CDO of ABS and SIV-Lite
Q1-2005 to Q3-2007

…
Original Source

10 December, 2007| Economy | Comments (0) @ 20:47

CPI grew sharply more than market expected.

Consumer price index in Czech Republic increased by 5% in November. Market expected 4,5%. Mainly lifted by food inflation. For beginning of 2008 expectations are bit higher now (CPI 6%). Recently Czech National Bank - CNB- increased main interest rate benchmark to 3,5%. With last released CPI data we are again out of inflation targets followed by CNB. Inflation target is 3% with range +/- 1%. On the other side Czech currency Koruna is at strongest level against EUR, USD and therefore any other interest rate hike could hit dramatically Czech export.h…
Original Source

10 December, 2007| Economy | Comments (0) @ 19:47

FED meeting - next rate cut?

Tomorrow is next FOMC meeting and widely expected interest rate decision. Last couple of days shares have rebounded after sell off triggered by credit markets turmoil. Last FED meeting cut was not so optimistic as accompanying speech didn’t predict further rates decrease. But since that many things have happened. Crude oil pull back from record high, credit market fear, weak housing market and consumer spending. If you look at the chart, Fed fund rate (4,5%) is tightly “catching on” long term US bond, 10 year treasury note (^TNX). Latest market price is 4,15%. …
Original Source

10 December, 2007| Economy | Comments (0) @ 18:52

Prospectus Counter

via Global Filings
EmailThis
…
Original Source

10 December, 2007| Economy | Comments (0) @ 18:21

Hubs and Spokes : International Banking Edition

The graph shows the linkages between 212 banking centres and their linkages with 212 non-banks.
Each location is represented by a node.
The size of the nodes is proportional to the measure of intermediation.
The colour of the nodes represents the continent (red for Africa and the Middle East, green for the Americas, blue for Asia-Pacific and mustard for Europe).
…
Original Source

10 December, 2007| Economy | Comments (0) @ 14:14

Subprime Rating Transitions

…
Original Source

10 December, 2007| Economy | Comments (0) @ 11:26

Business Week.

MondayEconomic: Pending Home SalesEarnings: Imperial Sugar (IPSU), FuelCell (FCEL), SAIC (SAI), NCI (NCS)TuesdayEconomic: Wholesale Inventories (.5%), FOMC DecisionEarnings: Kroger (KR), ABM (ABM), Cooper (COO)WednesdayEconomic: Import / Export, Weekly Crude, Treasury (-$75.0B)Earnings: Martek (MATK), CKE Restaurants (CKR), ADC Tele (ADCT)ThursdayEconomic: Retail Sales / ex Auto (.5%, .6%), PPI & Core (1.5%, .2%), Biz Inv (.3%)E…
Original Source

10 December, 2007| Economy | Comments (0) @ 5:57

Hold the Phone: Hedge Fund Industry now FOUR…trillion…dollars.

Another week, another increase in the reported size of the global hedge fund industry….
Original Source: allaboutalpha.com

10 December, 2007| Economy | Comments (0) @ 1:01

An academic explanation for the disparity in hedge fund index returns

While the absolute disparity between various hedge fund indices is small, it is large relative to monthly results and is so heavily scrutinized as a “pulse” on the industry that some important context is required….
Original Source: allaboutalpha.com

10 December, 2007| Economy | Comments (0) @ 1:00

Sitios de Webalalza

Sites of Webalalza

Categories:

Economy

December 2007
S	M	T	W	T	F	S
				Jan »
						1
2	3	4	5	6	7	8
9	10	11	12	13	14	15
16	17	18	19	20	21	22
23	24	25	26	27	28	29
30	31

Economy Blog Everything about the economy in a single blog

Sitios de Webalalza

Sites of Webalalza

Economy Blog
Everything about the economy in a single blog