Tag Archives: balancesheets

exploding inflation

Bonds: Negative yields say inflation is dead. Oh really….?

As more than 15% of the global government debt market enters negative yield territory we are truly living in extraordinary times. The corollary of those conditions is that the market is in effect pricing in no inflation. Oh really?

February 26th, 2015 by

Debt

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28 ΚΛΑΣΙΚΟΣ ΜΑΡΑΘΩΝΙΟΣ  ΡΑΙΜΟΝ ΜΠΕΤ RAYMOMD BETT

Banks: Watching a bank run in Greece…..

We have previously written about keeping a firm eye on deposit flows in the Greek banking system. With election results only a few days, the implosion of bank share prices is not encouraging…

January 28th, 2015 by

Financials

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Chriistine Keeler (r) and Mandy Rice-Davies driving away after t

Bond market doesn’t believe Austrian bank management…

It’s deja-vu all over again as Yogi Berra would say….but if you’re a CFO of Austrian bank Raiffeisen International you’d say “Despite ongoing speculation, I want to reassure the market that no capital increase is planned”….

January 27th, 2015 by

Financials

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explosive power

QEazy ECB: 5 thoughts as to what happens next….

Amazingly, we are in our 7th year of central banking assistance to financial markets but there is apparently still a need for an additional €1.2 trillion ECB balance sheet explosion . Here are 5 early WealthiFi observations…

January 22nd, 2015 by

Financials

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Screen Shot 2015-01-15 at 13.17.33

US Banks: Could investors have seen the earnings risks earlier?

While the Swiss Franc steroid infusion by its central bank will garner most headlines today it is likely investors in US banks will be nursing some wounds too. JP Morgan disappointed yesterday but there’s more pain today….

January 15th, 2015 by

Financials

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gift wall st

Banks: The gift that keeps on giving…. to bankers!

JP Morgan has just missed earnings expectations on Wall St. As the mega name in a sullied sector that’s not a great start to 2015 but, frankly, everywhere you look it’s not great news for investors in the bank sector….

January 14th, 2015 by

Financials

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broker angst

Not just US energy debt causing angst in high yield markets…

The fall-out from the oil shock drop has quickly attracted commentary as to potential contagion in the US debt markets and its approximate $200 billion of high yield bonds. But contagion does not respect country borders….

January 14th, 2015 by

Debt

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athens

Greece is the word…..again!

Oh dear, another political crisis in Greece and an election due on January 25th. So far, markets are reasonably calm about the outcome. The question for WealthiFi readers might be “Will Greek bank deposits show similar inertia?”. 

December 30th, 2014 by

Debt

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telephone tears

Telecoms: Corporate activity could end in tears…

WealthiFi often writes “watch what they do not what they say”. Well, the telecoms sector is potentially seeing some interesting corporate activity. The risk question for us is why do telecoms companies need to buy now?

December 1st, 2014 by

Mergers and Acquisitions

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oil pain

Financials: US high yield bond market cracking or fracking?

The majority of mainstream commentary has focused on the dramatic fall in the oil price, the share price carnage in energy stocks and a potential boost to consumers. However, the financial sector will be watching developments nervously.

December 1st, 2014 by

Debt

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