The tipping point? Today I am taking out the crystal ball, and asking it if these final weeks of December 2008 and the start of January 09' are the tippin... Continue reading
The ‘Crunch’ is nearly over, but what lies in its wake? The Euribor 3 month money is at 2.822% which means the margin on interbank money is now at 0.322% (the current base rate is 2.5%) over ... Continue reading
New trends in underwriting and credit It is 2009 and one of the things we need to look at (at least from the mortgage market perspective) is the availability of credit. Many... Continue reading
Gold, the Perth Mint and physical demand for precious metals If the video link is not working click (here) Continue reading
Where will the rent takers hide next? Taking rent is perhaps the best and yet most unproductive part of an economy, in the past we have spoken about the concept of 'rent tak... Continue reading
What stimulus is there after a 0% rate? There are generally two strands to monetary stimulus, firstly there are interest rates, and then there is the actual money supply. We'l... Continue reading
The bailout has arrived, Irish banks in line for Government funds. The banking bailout has come along, as many of us always thought it would, in the form of a (potential) €10 billion Euro package. An an... Continue reading
Bond market news from the USA Bond yields in the USA are at historically low yields, the 'flight to quality' we are seeing is that there is a wholesale flight from t... Continue reading
Banks need to stress test themselves Reverse stress testing has been advised by the FSA (Financial Services Authority) in the UK who have said that stress testing in UK fin... Continue reading