Nothing happened today except for the the usual decline in equities and related decline in government bond yields, so instead I will devote this post to the Dalhouse Dental Disaster. For those of you unfamiliar …
Search Results for: performance
January 5, 2014
Kerr-rrash! Equities got hammered today and the damage is spreading: Crude oil’s slide below $50 sent the Standard & Poor’s 500 Index (SPX) to its biggest drop since October, as selling spread from the energy …
MAPF Portfolio Composition: December 2014
Turnover continued to be above average in December, at about 19%. There is extreme segmentation in the marketplace, with OSFI’s NVCC rule changes in February 2011 having had the effect of splitting the formerly relatively …
January 2, 2015
The loonie got out of the wrong side of bed this year: The loonie plunged to a level not seen in more than five years Friday amid a strengthening U.S. greenback and weaker crude oil …
December 31, 2014
Nothing happened today. The Canadian preferred share market closed the year on a very strong note, with PerpetualDiscounts winning 52bp, FixedResets up 42bp and DeemedRetractibles gaining 23bp. The Performance Highlights Table is suitably enormous, with …
December 30, 2014
Kevin Carmichael of the Centre for International Governance Innovation writes a piece in the Globe titled Canada’s monetary authority lacks American commitment to transparency: The Bank of Canada believes transcripts and minutes would degrade the …
December 29, 2014
With all the idiotically mandated bonus deferrals, we’re going to see a lot more of this: Bank of America Corp. maliciously fired a distressed-debt banker to deprive her of a bonus, a Hong Kong judge …
December 24, 2014
S&P has Russia on Watch-Negative: S&P said in its statement that there’s at least a 50 percent chance that Russia’s rating will be lowered to junk within 90 days as it put the country on …
December 23, 2014
On December 19 my attention was drawn to a parallel between the Suez Crisis in 1956 and the current Ukraine Crisis. The Chinese provide a counter-parallel, assuming that’s a word: China is stepping up its …
December 22, 2014
Matt Levine of Bloomberg points out the obvious flaws in paying informers: Anyway $56 million for 14 water damaged houses! That’s a cool $4 million per house. Buys a lot of slab re-pouring. DealBook has …