European stimulus plans The ECB meeting is due to meet this week on the 7th and a further 0.25% rate cut is expected which will bring European base rate lendin... Continue reading
A look at Euribor, GBP Libor, and Libor The graph below shows that despite different base rates in the US, UK, and Europe that our general interbank lending rates are correlat... Continue reading
Euribor yield curve changes April 2009 Below are two charts of the Euribor yield curve (many thanks to Bank of Scotland Treasury for their excellent daily reports!). Here ... Continue reading
The bear market is bull The current bear market was 'seen coming' by many commentators, the people who believed this have an agenda and reasons for their think... Continue reading
Are we in a cyclical bull market? Steve Leuthold talks on Bloomberg about the reasons he feels we are going to see a cyclical bull market (as opposed to the secular bear... Continue reading
We need to clear our bonds, ensure there are retail offerings. Ireland has been downgraded by Standard and Poors, we are on a ratings watch with Fitch and Moody's as well. The last bond issued by th... Continue reading
The Criteria Crunch We have just been informed that one the lenders we deal with are only getting through applications received by the 4th of March, that i... Continue reading
The numbness of the bottom When bad news stops having an effect then it is a sign that we may be approaching the bottom, if that bottom is an L shape or a U shape... Continue reading
Save the best until last. Bank recapitalisation is looking more likely for several Irish players, however, an important precedent must be observed - we saved the... Continue reading