Archive for June 17th, 2009

Credit Market Overview
June 17, 2009
Last Wednesday I wrote about the overall tendency for stocks to move in unison with correlation running near 80% between a given stock and the S&P index.  I don’t have any exact figures for you this morning as to how much that has changed, if any, from a purely quantitative standpoint… »

Credit Market Overview
June 16, 2009
When someone is on life support the discussion regarding whether or not to remove them portends something very bad or reasonably good.  The world’s financial markets were in a very bad way for all of last year and most of the 1st quarter of 2009.  Since then ample media attention has… »