Real Story Wrap: January 2, 2008
addslashes(Real Story Wrap: January 2, 2008
I bet you didn’t read this anywhere: bad news for the ABX bears with a massive improvement across the board as all sub-indexes reported lower interet shortfalls and in half the cases the shortfalls were so small that “no payments expected.”
Dec RCD N…
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Up to now, Spanish banks have dealt with the liquidity squeeze by issuing mortgage-backed securities – for which there are no takers – buying the paper themselves and using it as collateral for European Central Bank funding.
This Paper helps to understand the ECB strategy: I…
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Investors should not expect the typical “expert” to outperform a simple extrapolation of the long-term trend in forecasting the overall stock market one year ahead….
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Morningstar’s Steve Deutsch has a bird’s-eye view of the burgeoning 1X0/X0 field. Today, he shares this perspective, concluding that money managers are stealing a page from the telecom playbook….
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