Tag Archive
C.M.O. 3.10.2010
Credit Market Overview
March 10, 2010
Before there were dedicated 24-hour sports networks ABC would broadcast “Wide World of Sports” every Saturday afternoon. The tagline for that show: “Spanning the globe to bring you the constant variety of sport… the thrill of victory… and the agony of defeat… the human drama of athletic competition… This is… »
C.M.O. 3.9.2010
Credit Market Overview
March 9, 2010
In solving most white color crimes the key to finding the culprits is following the money. While in no way suggesting such nefarious goings on, it is quite useful to apply this tactic to Wall Street when trying to determine where the strength and weakness might be across various business… »
C.M.O. 3.8.2010
Credit Market Overview
March 8, 2010
Ben Bernanke has, at almost every opportunity imaginable, made it clear that interest rates will remain at “exceptionally low levels for an extended period”. The only issue with any of this is that Ben works in Washington and whether the Fed is independent or not, you just can’t believe anyone… »
C.M.O. 3.5.2010
Credit Market Overview
March 5, 2010
At at least once in our lives we have all heard or thought of the adage; “If you want something done right, you have to do it yourself”. While many of the Bills clawing their way through Congress at the moment would seem to refute this as the government seems… »
C.M.O. 3.4.2010
Credit Market Overview
March 4, 2010
Have the horses all escaped? Has the barn door been locked and nailed shut? Has every precaution been taken to ensure that those things that created the last crisis won’t create the next one?
From the parade of TARP and TALF recipients that were forced to endure made for TV congressional… »
C.M.O. 3.3.2010
Credit Market Overview
March 3, 2010
There is a famous Indian legend that depicts six blind men encountering an elephant. Each in turn walks up to a different part of the animal and as such comes away with a different impression of what the beast actually is. To give you an idea here is the second… »
C.M.O. 3.2.2010
Credit Market Overview
March 2, 2010
On the evening of September 16th 1992 the British government announced its exit from the ERM (European Exchange Rate Mechanism) and reverted back to the pegged pound. In the two weeks leading up to what is known in that country as “Black Wednesday” George Soros, leading a band of speculators,… »
C.M.O. 3.1.2010
Credit Market Overview
March 1, 2010
Jef I. Richards holds a Ph.D. in Mass Communication from the University of Wisconsin, a J.D. from Indiana University, a B.S. in Photography from the Rochester Institute of Technology and an A.A.S. from the same school in the same discipline. A learned man by most standards but someone who might… »
C.M.O. 2.26.2010
Credit Market Overview
February 26, 2010
“Unless further measures are taken to reduce the budget deficit further or the economy rebounds more vigorously than expected, the federal financial picture as presented in the projections for the next decade will at some point put pressure on the [United State’s] Aaa government bond rating.” So wrote Moody’s Investor… »
C.M.O. 2.25.2010
Credit Market Overview
February 25, 2010
With the markets reacting to each tidbit of news these days as if it were the last morsel of information they would feed on for a while, today should provide a bit of a smorgasbord, one made more appetizing by the fact that the items being offered are all the… »
