Search Results for: performance

Market Action

September 29, 2014

I swear, I’m thinking about changing the name of this thing to RealEstateBlog! Whenever I post about real estate prices I get more responses than with respect to anything else. So, Garth Turner, look out! …

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Market Action

September 26, 2014

On September 24, I mentioned bank account promotions in which depositors effectively received a lottery ticket for making a deposit – this is similar to premium bonds in the UK, but not government-backed. My attention …

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Market Action

September 25, 2014

Michael Lewis – whose book, Flash Boys, is a favourite target for mockery on PrefBlog – had some sharp observations: Technology entrepreneurship will never have the power to displace big Wall Street banks in the …

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Market Action

September 24, 2014

PIMCO’s in some kind of trouble with the SEC: Pacific Investment Management Co. said it’s cooperating with regulators examining how the firm assigned asset prices at Bill Gross’s Pimco Total Return ETF. “Pimco has been …

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Market Action

September 23, 2014

What job do you look for when you’re an unemployed Master of the Universe? As trading in dollar-denominated bonds declined 22 percent in the past five years to an average daily $809 billion, so have …

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Market Action

September 22, 2014

I have often railed against the high cost of university education nowadays, blaming it largely on the huge increase in the number of university administrators, which results in mission creep (see March 6, 2014). I …

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Market Action

September 18, 2014

Nothing happened today. It was a mixed day for the Canadian preferred share market, with PerptualDiscounts down 15bp, FixedResets up 10bp and DeemedRetractibles gaining 2bp. Volatility was minimal. Volume was low. HIMIPref™ Preferred IndicesThese values …

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Market Action

September 17, 2014

The big news of the day was the Fed’s announcement of policy normalization principles and plans: All FOMC participants but one agreed on the following key elements of the approach they intend to implement when …

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Market Action

September 16, 2014

I don’t know whether this article on changes in the FX market makes me want to laugh or cry: RBS and Barclays this year stopped traders and salespeople from seeing colleagues’ forthcoming deals and their …

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