Survival of the weakest, only in Ireland. If the State can't organise a bailout effectively then what hope have they of running a bank? A simple and yet profound question: if th... Continue reading
The end of ownership I had an interesting conversation with an Estate Agent recently who has been in the industry for over thirty years and he said that he ... Continue reading
Burn your books, readers are coming This is fairly off topic for me but today I will write about technology , namely the hand held gadget called a Reader. I recently recei... Continue reading
Bank of England cut rate from 2% to 1.5% the lowest since 1694 Only a two days ago I wrote about the Bank of England considering a move to the lowest interest rate in the history of their central ba... Continue reading
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
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
Automakers bailout is a mistake Banks, in my opinion, should not have been bailed out, they are a business like any other and when people talk about the 'systemic risk... Continue reading
The Irish Tax System Suppose that every day, ten men go out for pint and the bill for all of them comes to €100. If they split their bill the way we pay our... Continue reading