Monthly Archives: May 2014

Deutsche Bank London

European bank capital challenge…

So Deutsche Bank need another €11 billion of capital and BNP are potentially about to take a US criminal hit of $5 billion. Big numbers and it’s easy to let one’s eyes glaze over once again on all things banking.

May 21st, 2014 by

Financials

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phone hang up

Telecom profit erosion continues….

Only last week we were writing about global telecoms diving into new channels like TV, cable and satellite to  defend against the steady erosion of profits in core voice and messaging assets.

May 21st, 2014 by

Style & Sector Trends

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wall street

US Financials in negative territory for the year…

The headlines have not been pretty at a macro level but equities are just about holding up year to date. One would be looking to financials for leadership if markets are to move ahead. But no…..

May 21st, 2014 by

Financials

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hoofy and boo

Online financial media model broken….

One of the early inspirations for WealthiFi was the US financial site Minyanville. Many awards and millions of readers later its founder Todd Harrison had some sobering words yesterday per the WSJ…

May 21st, 2014 by

Editorial

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fear and greed

Chart: The best sentiment check on the planet….?

It has been a rocky few months. Much loved winner stocks have been pounded, geopolitics have been worrisome, macro data underwhelming and earnings growth sclerotic. What ‘s to love?  

May 13th, 2014 by

Technical Trends

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ipad

Tablet market slowdown vs bond certainty…..

Apple launched the iPad in April 2010, just 4 short years ago. Apple also issued 30 year bonds to yield hungry investors just last year. We are intrigued…

May 13th, 2014 by

Technology

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china germany

China’s shadow banking system now larger than German GDP!

The banking world throws up such huge numbers it is dangerously easy to lose track of real world context. The latest numbers from the Chinese themselves indicates its non-banking credit system is $4.4 trillion.

May 13th, 2014 by

Debt

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storm brewing

Telecoms diversify as core revenues pressured…

Watch what they do not what they say is frequently quoted on WealthiFi. Check out the latest news and you’ll see AT&T is edging closer to a $50 billion purchase of satellite TV player DirectTV.

May 13th, 2014 by

Style & Sector Trends

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debt tsunami

China corporate cash flow decline meets debt tsunami….

WealthiFi readers know we are concerned about maturing debts in the China shadow banking system due this summer. The following story via ZeroHedge is less than encouraging and focuses on corporate revenue growth.

May 6th, 2014 by

Debt

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buffett feast

Where will Buffett feast next, outside the box?

Warren Buffett is hinting at another big purchase. We all know the financial metrics he uses but let’s remind ourselves that Heinz didn’t quite meet previous criteria and blew a hole in those Buffett screens tediously produced each week.

May 6th, 2014 by

Mergers and Acquisitions

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