Scott Barlow had a polemic in the Globe titled Debt markets’ ‘lunacy’ threatens equity investors: U.S. credit markets are absurdly overbought and equity investors on both sides of the border will be very much in …
Search Results for: performance
June 2, 2014
No sooner had I delivered my crushing retort to my cashless friends than I became aware of a piece in the Globe by Ian McGugan titled Why central bankers would like to trash your cash: …
MAPF Portfolio Composition: May 2014
Turnover remained slow and steady in May, at about 5%. 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 homogeneous …
May 30, 2014
There’s an interesting pension fund trend: Companies eager to “de-risk” their long-term pension obligations are expected to increasingly offer voluntary one-time lump sum payments to former employees as an alternative to a pension’s stream of …
May 29, 2014
Fasken Martineau has some intelligent things to say about regulation, requesting a cost-benefit analysis in advance of imposing new rules, but some idiot has copy-protected it and damned if I’ll retype the interesting part. Arvid …
May 28, 2014
I was stunned to see the following chart in the Kansas City Fed paper by Fumiko Hayashi and Terri Bradford titled Mobile Payments: Merchants’ Perspectives: Click for Big Geez, I pay cash nearly every time! …
May 27, 2014
Well, the huge sums of government money spent persecuting Fabulous Fab have finally had an effect: Fabrice Tourre, the former Goldman Sachs Group Inc. (GS) vice president found liable for his part in selling a …
May 26, 2014
There’s always a lot of political complaining about corporate short-term thinking, with the equity markets forcing managers to focus on the next quarter’s profit rather than investing for the long term. I’m never too sure …
May 23, 2014
In a story picked up by the Globe, Renee Altom wrote a piece for the Richmond Fed titled Why was Canada exempt from the financial crisis?; she concludes that a So to truly understand a …
May 22, 2014
Bank of America is closing its internal market-making unit: Bank of America Corp. is dismantling an electronic market-making unit created last year to serve the lender’s Merrill Lynch wealth-management division, said two people with knowledge …