There’s more handwringing about liquidity problems: Matt King, Citigroup’s global head of credit strategy, believes Hotel Californias – credit investments where underlying liquidity will dry up quickly in the event of a sell-off – are …
Search Results for: performance
May 27, 2015
The Bank of Canada didn’t move today: The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 per cent. The Bank Rate is correspondingly 1 per cent …
Jov Leon Frazer Preferred Equity Fund? What's up?
As most of you know, I report the returns of my competitors when I report the returns of Malachite Aggressive Preferred Fund; one of these competitors is Jov Leon Frazer Preferred Equity Fund. I had …
May 26, 2015
Fischer doesn’t want the Fed to trigger a global depression: Federal Reserve Vice Chairman Stanley Fischer said policy makers will consider global growth as they begin to raise interest rates, and that they could increase …
May 25, 2015
Knock me down with a feather! A regulatory organization has done something useful: Some of the country’s top financial minds think you should expect to make 6.3-per-cent a year in Canadian stocks over the long …
May 22, 2015
Inflation picked up a little in the US: The U.S. cost of living excluding what households pay for food and fuel climbed more than forecast in April, indicating inflation is gravitating toward the Federal Reserve’s …
May 21, 2015
So what’s the worst kind of person to have at the top of an important government agency? A micro-manager who is unfamiliar with the substance of the work: Expectations were high for [Mary Jo] White, …
May 20, 2015
Six banks have agreed to pay extra taxes as a regulatory extortion payment: Six of the world’s biggest banks will pay $5.8 billion and five of them agreed to plead guilty to charges tied to …
May 19, 2015
Nothing happened today. It was a mixed day for the Canadian preferred share market, with PerpetualDiscounts off 11bp, FixedResets gaining 6bp and DeemedRetractibles down 35bp. The Performance Highlights table is lengthy relative to the overall …
May 15, 2015
FFN.PR.A was confirmed at Pfd-4(high) by DBRS: DBRS Limited (DBRS) has today confirmed the rating of the Preferred Shares issued by North American Financial 15 Split Corp. (the Company) at Pfd-4 (high). In October 2004, …