I’m struggling to find a different way to say the same thing again… Ah, the hell with it. The 10-12 month cycle projection is...
Read More »
Radio Free Wall Street
Posts Tagged ‘ 1 Billion ’
The Boy Wonder of the MF Global nightmare
Who is James Koutoulas and how did the 30-year-old commodities investor end up leading the charge to recover $1 billion for customers from one of Wall Street's biggest bankruptcies?
http://finance.fortu...bal-bankruptcy/
Read More »
Italy and Spain’s bonds both 6%+ again
The market’s skepticism was reflected in the outcome of the Italian bond auction. The Italian Treasury on Monday sold 3 billion euros, or $4.1 billion, of five-year bonds priced to yield 6.3 percent — up nearly a full percentage point from the yiel...
Read More »
Italy and Spain’s bonds both 6%+ again
The market’s skepticism was reflected in the outcome of the Italian bond auction. The Italian Treasury on Monday sold 3 billion euros, or $4.1 billion, of five-year bonds priced to yield 6.3 percent — up nearly a full percentage point from the yiel...
Read More »
MF Global investigated for missing customer funds
Federal regulators have discovered that hundreds of millions of dollars in customer money have gone missing from MF Global in recent days, prompting an investigation into the company’s operations as it filed for bankruptcy on Monday, according to sev...
Read More »
U.S. May trade gap widens to $50.2 billion
July 12, 2011, 8:47 a.m. EDT
U.S. May trade gap widens to $50.2 billion
Deficit driven by higher oil imports; biggest gap since fall 2008
By Jeffry Bartash, MarketWatch
WASHINGTON (MarketWatch) — The U.S. trade deficit jumped 15.1% in May to the ...
Read More »
4-Week Bill Treasury Auction Results
CUSIP: 9127952V2Term and Type: 4-Week BillHigh Rate: 0.025%Investment Rate (Equivalent coupon-issue yield): 0.025%Price: $99.998056Allotted at High: 62.67%Total Tendered: $133,674,219,400Total Accepted: $34,286,040,400Issue Date: 05/19/2011Maturity Dat...
Read More »
Now I Know How Bill Buckner Felt
Earlier today I had my first article in a major media publication. http://www.marketwat...axes-2011-04-12
A sharp eyed reader has identified a more serious error in the paragraph below than I initially realized when he first contacted me.
Corporati...
Read More »
When Money Dies
he death of a currency is often a protracted affair. It often takes decades. And as it unfolds, the people who experience it hardly believe it.
That is the tale told by Adam Fergusson in his book When Money Dies: The Nightmare of Deficit Spending, ...
Read More »
Group Coupon Website Getting Bubblicious
LOL the buzz about the group coupon sites is getting ridiculous, and some of the deals I'm see is starting to remind me of tactics used in dot.com bubble. For example livingsocial.com today's deal is a $20 AMZN giftcard for $10. ( https://livingsocia...
Read More »
Putting Money on Lawsuits, Investors Share in the Payouts
Putting Money on Lawsuits, Investors Share in the Payouts
Large banks, hedge funds and private investors hungry for new and lucrative opportunities are bankrolling other people’s lawsuits, pumping hundreds of millions of dollars into medical malprac...
Read More »
Running Hot, But Where’s The Gain?- Professional Edition
Last week, conditions were favorable for a big move up in both stocks and bonds, but it didn’t happen. There was no new Treasury supply—in fact a paydown of $1 billion, and the Fed bought around $11 billion in Treasuries from the Primary Dealers. But the markets stalled. Apparently some friction is developing. I...
Read More »
Pimco zips up a meat dress on deflation derivatives
Pimco Makes $8.1 Billion Bet Against `Lost Decade' of Deflation
http://www.bloomberg.com/news/2010-09-15/pimco-makes-8-1-billion-bet-against-lost-
decade-of-deflation.html
QuoteBill Gross’s Pacific Investment Management Co. made an $8.1 billion wag...
Read More »
Putting Money into the Fire
Mutual fund cash level data is out and they have worked through a bit more of their cash reserves, bringing the number down to 4.6%. From AMG: flows into equity funds jumped to $5.1 billion from the previous week of about 193 million.
Interestingly very little margin fresh margin borrowing has been used in...
Read More »
Print or Die, or Print and Die – Professional Edition
The Fed did not expand its balance sheet again this week. Fed credit dropped by $1.8 billion. However, Fed credit funneled through the Primary Dealers rose by a couple billion and the Treasury let the market off the hook by only settling $1 billion in new debt. That set the stage for this week’s...
Read More »
Party Today, Pay on Monday – Professional Edition
The Treasury has a heavy calendar this week, but all but $1 billion of the $48 billion in new supply settles Monday, giving the stock market a day or two to party before they have to come up with the big cash. Click here to download complete report in pdf format (Professional Edition Subscribers)....
Read More »
Debt Balance Markers
3Q marked a solid paydown of mortgage and home equity lines of credit on the order of $64.1 billion. Most mortgages are amortized over time, and if cash out refis and new HELOC credit lines are nearly impossible to obtain for most, then this trend should continue. In fact it could increase. One aspect...
Read More »
Fed Report
There were no Treasury auctions today. The Treasury announced next week’s 13 and 26 week bill auctions today, a day earlier than usual due to the holiday. Both will be for $28 billion. Both are $1 billion more than the TBAC estimate made on October 31. Both are $1 billion more than the amounts...
Read More »
Messy Mass of Fed Data Makes Some Sense- Professional Edition
Thursday’s Treasury auctions again showed minor cracks in the façade with a weak indirect bid on the 30 year bond and a smaller indirect bid on the CMB than on last week’s CMB auction. The Treasury announced next week’s schedule, and it appears that new supply next week will be around $30 billion, up...
Read More »
Copyright © 2012 The Wall Street Examiner. All Rights Reserved.
Magazine Premium created by Themes by bavotasan.com.
Magazine Premium created by Themes by bavotasan.com.
SPX and BKX Updates: Rare Top Indicator Triggered on Friday
Before I get to the indicators and market charts, I want to do a quick update about domestic mutual fund flows, with some new data that has come to my attention. Last week, we discussed the high number of mutual fund outflows which have been ...
Read More »