Markets

Dec 06, 2002 at 00:00

The bursting of the corporate debt Bubble has seen Corporate Borrowings drop to a feeble annualized $10.7 billion during the third quarter, a far cry from the $400 billion borrowed…

Nov 29, 2002 at 00:00

The dimension of U.S. securities trading in the Caribbean continues to amaze. A total of $1.04 Trillion of agency securities traded in the Caribbean over the pasts six months, a…

Nov 22, 2002 at 00:00

And somehow the Greenspan "Teflon" Fed's perpetual ultra-easy money policies and Bubble accommodations are not held responsible for what will surely be unending revelations of widespread financial shenanigans (just wait…

Nov 15, 2002 at 00:00

With our view of escalating Credit problems, we see little possibility for anything other than brief respites from the "uncertainty overhang." With liquidity abundant, these respites will feed intermittent stock…

Nov 08, 2002 at 00:00

Profits are the driving force in Capitalistic systems. Historically, the quest for profits has revolved around business enterprise; more specifically, the goods-producing sector. It was Keynes who brilliantly differentiated between…

Nov 01, 2002 at 00:00

While few are willing to recognize and admit the overarching problem, it really comes down to an unprecedented ballooning in non-productive debt throughout the system. Since the beginning of 1996…

Oct 25, 2002 at 00:00

Ford debt was downgraded to triple-B by S&P today, although Ford bond spreads did narrow slightly this week. Ford’s 10-year bond yield ended the week at 9.45%. Household International hastily…

Oct 18, 2002 at 00:00

While stating the obvious when admitting that I am a finance geek, I find earnings reporting season absolutely the most intellectually fascinating time of each quarter. Financial institution by financial…

Oct 11, 2002 at 00:00

I'll extract one of many sickening lending abuses from the document, "Complaint #2550 Juan & Maria Guzman" Renton, WA branch. The borrowers claim that they responded to HFC (Household Finance)…

Oct 04, 2002 at 00:00

September’s 43,000 lost jobs is the first decline in payrolls since April and the most since February (and follows August’s 107,000 jobs created). Another 35,000 factory jobs disappeared last month,…