
Abigbear:Markets'waytoooptimistic'PeoplesayheisDr.Doom;hesaysheisrealisticTheydon'tcalleconomistNourielRoubiniDr.Doomfornothing.TheNewYorkUniversityprofessorhasriddentheglobalfinancialcrisistocelebritystatusandprivilegedaccesstotheworld'spoliticalandbusinesselite,thankstohisearlywarningsanddepressinglyaccurateforecastsaboutexplodingbubblesandcreditfreezes,datingbackto2005.Infact,he'ssuchaprominent...[
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信貸市場仍對銀行業心存疑慮有件事情叫人想不清楚。各國政府已經采取了前所未有的經濟刺激計劃,向銀行體係注入了上千億美元,還實施了一係列的方案來清理銀行業資產負債表,並提供融資渠道,但為何信用違約掉期(CDS)市場還是如此懼怕銀行業呢?一言以蔽之,市場、至少是信貸市場仍對銀行業缺乏信心。
這一點清楚地體現在一些經濟指標中。在歐洲,iTraxx金融類[
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美國股市還有反彈空間嗎?自股市3月9日觸底以來,主要股指的反彈幅度至少都達到了20%。這輪回升行情形成得非常迅速,股指走勢或多或少都出現了急轉,投資者因此也以謹慎的目光關注著這次反彈,並注意到:鑒於金融類股和非必需消費品類股領漲這一事實,空頭回補應是反彈的原因之一。
4月份伊始,在股市連續兩天上漲之後,投資策略師開始認同這次反彈。資產管理[
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美股樂觀情緒升溫現實問題受忽視上周美國股市還是實現了連續第四周的上揚,這對那些之前雖然遇挫但仍抱定這不過是一次熊市反彈想法的投資人士來說,無疑又是一次打擊。但或許不久之後事實就會證明他們的想法是正確的。
這一點從股市現在已經較3月9日低點上漲25%就可見一斑:在短短19天裏,經濟前景難道一下子真的變得如此光明了?這個問題盡管合理,但眼下卻[
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MyDiary366---TheSignstoWatch;ThreeReasonstoBid;WheretoPlaceBets;GoldIsNot“Good”
April5,2009
“TheAprilRally:cycleswillturn,sentimentswillchange,anddawnwillfollowdusk”---Likeitornot,itisjustsmelllikethelastAprilwhenriskyassetsralliedallaroundandlaterpeteredoutwithnewlows.Overall,themarketsaresingle-mindedfocusingon+VEsanddesensitisedto-VEnews,evidencedbymarketsrallyingdespiteUShousingpri...[
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LookingBackinOrdertoLookAhead
WhenthecreditcrisisbrokeoutinQ32007,wewereremindedaboutthehorrendousmistakesofthepastastherealculpritbehindthebubble-manyofusblamedMrGreenspan!Centralbanksvowednottorepeatthosemistakeswhilehandlingtheproblem.Butasweslippeddeeperintothemess,theoldmistakesgotrepeated-thistimewithmuchhighermagnitudeandwidergeographicalspread.Nowthatthepaniclevelsareeasing,itistimetol...[
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真是左右為難,我到底該如何選擇國籍?(組圖)無憂博客
夕子/一直以來,關於改不改國籍,是一個很讓人為難的選擇。
移民加拿大,連續住滿三年以上就有資格申請加拿大公民。最近夕子也麵臨這個選擇,是保留中國國籍、延續加拿大永久居民的身份;還是放棄中國國籍,入加籍? 在雙重國籍的問題上,中國的法律不像其他許多國家和地區那樣往往都是采[
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SurveyrevealsETFreceptionislukewarmByJameDiBiasio|3April2009
Exchange-tradedfundsaretoutedasthisyear’sbigsellerinAsia,butoursurveywithCliffordChancequestionsthedepthofdemand.
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Conventionalwisdomhasitthatthisyear'sbigsellerwillbeexchange-tradedfunds.Theyarelow-cost,efficientwindowsintoavarietyofequitymarkets,aswellasusefultoolsforportfoliomanagement,constructionandtransiti...[
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HedgeFundsGetEarfulFromClientsAboutFees,Withdrawals
2009-04-0304:01:01.5GMT
BySaijelKishanandKatherineBurton
April3(Bloomberg)--Twoyearsago,GermaninvestmentadviserDieterKaiserhadtoboardaplaneboundforNewYorktospeakwithseniorU.S.hedge-fundexecutives.
Thesedays,thosesamemanagersvisitKaiser,thedirectorofinvestmentmanagementforFeriInstitutionalAdvisersGmbH,athisofficeinBadHomburg,about1...[
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Mark-to-MarketRuleGivesMoreClarity,NotLess:JohnM.Berry
2009-04-0304:01:01.7GMT
CommentarybyJohnM.Berry
April3(Bloomberg)--Mark-to-marketaccountingrulesarebeingbroughtalittleclosertoeconomicreality--accompaniedbymisplacedhowlsofoutrage.
True,theostensiblyindependentFinancialAccountingStandardsBoardyesterdayagreedtoalteraportionoftherulesonlyunderextremepressurefromCongress,andthat’...[
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