There are many revolving doors in the world … this one is minor: Michelle Choi, an analyst for Moody’s Investors Service, gave a credit rating to bonds issued by a New Jersey town in September. …
Search Results for: performance
February 24, 2015
Unintended consequences? Or a simple macro-economic effect on free markets? When the federal government tightened mortgage rules in 2012, overheated condo markets in Toronto and Vancouver were widely seen as the main target. But little …
February 23, 2015
Charles Kenny, a Senior Fellow with the Center for Global Development (a quite respectably ranked think-tank) writes a very good piece on Bloomberg about money laundering and regulations thereof: In the best of cases, anti-money-laundering …
February 20, 2015
Nothing happened today. It was a mixed day for the Canadian preferred share market, with PerpetualDiscounts up 7bp, FixedResets off 31bp and DeemedRetractibles gaining 3bp. The Performance Highlights table is its usual lengthy self, with …
February 19, 2015
It’s funny … the standard stock market manipulation in North America is Pump and Dump. In Asia, apparently, it’s Dump and Pump: Scrutiny of anonymous research has intensified this month after the reports on Noble, …
February 18, 2015
Oh, what joy there is amongst the anti-market crusaders: Credit trading just isn’t paying like in the old days. That’s why Wall Street dealers are putting less money at risk to broker the debt, and …
February 17, 2015
Jeffrey M. Lacker had some interesting things to say about Education, Innovation and Economic Growth: Recent data on economic inequality and economic mobility show that inequality has increased in recent years, while mobility has either …
February 13, 2015
Nothing happened today. It was a mixed day for the Canadian preferred share market, with PerpetualDiscounts gaining 5bp, FixedResets off 1bp and DeemedRetractibles down 6bp. The Performance Highlights table is shorter than it has been …
February 12, 2015
There is now a negative policy rate in Sweden: Sweden’s central bank cut its main interest rate below zero and unveiled additional measures designed to jolt the largest Nordic economy out of a deflationary spiral. …
February 11, 2015
Assiduous Reader B let me know that the Financial Post breathlessly informs us that FixedResets went down in January. The Greek tragedy is headed for a showdown: Euro region finance ministers failed to reach an …