Search Results for: performance

Market Action

September 26, 2013

Nothing happened today. It was a poor day for the Canadian preferred share market, with PerpetualDiscounts down 20bp, FixedResets gaining 6bp and DeemedRetractibles off 19bp; the FixedReset figure is affected by a reversal of yesterday’s …

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Market Action

September 25, 2013

One thing (well, one of many things) that has bothered me over the years is the story of Henry Ford as philantropist: Henry Ford’s vision was that a mass-manufacturing solution would save so much money …

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Market Action

September 24, 2013

I’m glad to see someone resisting the politicization of the Fed: Richard Fisher, president of the Federal Reserve Bank of Dallas, said the White House botched the nomination for Chairman Ben S. Bernanke’s successor by …

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Market Action

September 23, 2013

S&P’s chief economist has more tapering chatter: That the Fed did not announce tapering in September did not surprise us, as we have stuck to our December call. Starting to taper was conditional on U.S. …

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Market Action

September 20, 2013

We’re getting a good start on October tapering chatter: Federal Reserve Bank of St. Louis President James Bullard, a voter on policy this year who has backed record stimulus, said a small tapering of bond …

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Market Action

September 19, 2013

There seems to be a growing feeling that US regulators have gotten completely out of control: Rather than trying to take a stand on the conspiracy theory, I am raising the fundamental question of the …

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Market Action

September 18, 2013

Tapering? Schmapering! Taking into account the extent of federal fiscal retrenchment, the Committee sees the improvement in economic activity and labor market conditions since it began its asset purchase program a year ago as consistent …

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Market Action

September 17, 2013

Nothing happened today, but I’m sure there was more tapering chatter. It was another fine day for the Canadian preferred share market, with PerpetualDiscounts up 22bp, FixedResets gaining 18bp and DeemedRetractibles winning 37bp. The Performance …

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