March 26, 2009 –
|
RELATED TICKERS: GE
, BAC
, AA
So the market is picking up steam as the Fed bail out has started to finally add some legs to liquidity. Putting aside the issues on comp packages at AIG I think we could be close to ramping up in the market. Fed has put a plan together for buying toxic assets and will print dollars 24/7 to get out of this. I still think inflation is a huge issue going forward but that is another blog posting. [more]
October 24, 2008 –
|
RELATED TICKERS: GE
, MS
, RIMM
As we watch the turbulence in the market it comes to mind about the grinch who stole christmas. One by one everything is starting to disappear as people start to recieve statements showing the large losses this stock market (credit market) has retreated to. [more]
October 10, 2008 –
|
RELATED TICKERS: C
, MS
, GE
As the market tumbles expect an overshoot to the downside. As hedge and mutual funds raise cash to meet redemptions. This will also lead to more shorts as the short selling ban was lifted yesterday and caused a significant amount of the decline. Equilibrium needs to be reached on these factors but also take into account the fed infusions have not even started to take hold as of yet. Credit markets are freezed but expect with the interbank loan guarantees this will start the gears turning again. There is further downside I believe about to a 7200 level on the dow and 750 on S&P. [more]
September 29, 2008 –
|
RELATED TICKERS: C
, WB
, BAC
Personally, I can't believe that congress rejected the bailout bill. What that does say is we have politicians that are not very skilled in the economy workings. To be frank the average voting American doesn't have a clue as the implications of what is happen currently and are only getting the first layer of the onion. By the time the second or third layer gets peeled off I expect most will be pretty teery eyed if not balling. [more]
September 16, 2008 –
|
RELATED TICKERS: AIG
, BAC
, WAMUQ.PK
It seems that most of the FED actions these days are aimed at controlling the rate of delevering. Clearly an AIG dumping some of its assets on a wobbly market would just risk a spiral, where the cash raised is offset by further deterioration of assets. They are buying time so the rate of delevering isn't too steep. Makes complete sense. I do not completely understand why the moral hazard complaining, this isn't socialization of losses, one would hope the "bridge loan" is made good on. I think this is more akin to extending a lending facility access to the largest insurer in the world. [more]
Terms & Conditions
RSS Headlines
Fool UK