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Tag Archive: vacation


Well its the last day of the month and the world economy standing in the mid of year 2012. Lets try to pull the events by connecting the dots and see where the world is :
1) After months weeks years of posturing and denial Spain and Cyprus formally requested aid from Europe bailout funds. More so they have officially confessed to their insolvency and the insolvency of their banking system.
Spain 10 year bond yield breached the worst level and it touched the 7% in return many od the Spain bank ratings got junk by Moodys

2) Over in the US, the city of Stockton, California filed for bankruptcy this week… View full article »

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The Greek puzzle is getting cozy each day . The G8 imageleaders backed Greece in euro zone as reported by Reuters. Putting any new remarks it looks like to wait and watch the scenario and action by the regulators, politicians.

Today I thought of sharing some old brokers terminologies and bit personal experience. As I quoted on FB View full article »

The post is about entrepreneurship in India where I have tried to put the views.
From the last couple of  years  Baba Ramdev, Kishore Biyani, Vijay Mallya and Govt. Of India has been making the news and there is lot more things common between them.

Lets begin with Baba Ramdev who became a household name by selling the benefits of yoga to the masses. He claimed that even diseases like cancer could be cured through yoga. Those who have seen his yoga View full article »

The world financial market where already under pressure from the Euro crisis, untill yesterday late night when the news broke out JPMorgan has trading loss of at least $2 bln, reputation hit . The CIO unit is where Bruno Iksil was making $200 billion-sized bets. Basically JPM has suffered massive losses at its CIO group most likely due to its IG/HY positions held by Iksil.

Below quotes from Mr Jamie Dimon

  • “…Errors, sloppiness, and bad judgement.”
  • “Bad strategy, badly executed and poorly monitored”
  • “It could get worse. This could go on for a little bit.”
  •  “Badly executed, badly monitored. I’m not going to repeat it 800 times” View full article »

It might be late to post the old tweets but the  tweets by the economists can’t resist the lure of Valentine’s Day, I just thought of sharing as all where directed towards fed :)

@justinwolfers: You’re my long-run target; my nominal anchor.

@SFFedReserve: I’m going to extraordinary measures to increase your stimulus

@AtlantaFed: I long for you as the economy longs for its long-run maximum potential  View full article »

Today the whole financial world is eyeing Spain in fact everyone is Freaking Out Over Spain‘sBond Auction will happen today. The Spanish benchmark bond are into red territory with the yield spiking from an intraday low of 5.717% early to 5.89%, finally catching up with Spanish CDS which have been wider for a while, now that CDS is once again more liquid and credible than cash bonds.

So just thought of sharing few exotic bonds :-

Catastrophe bonds, also known as cat bonds, are a form of securitization used to transfer natural catastrophe risk to the capital market. View full article »

Here is some bizarre facts the amount of leverage done on the various European economies. The contagion is spreading, was watching an interview yesterday in the night of a  financial consultant from Europe, and he responded to the questions with the context of European economies :-

  • How much does Greece Owe ?
  • 367 billion $
  • Who they owe too ?
  • Mostly to the other European economies

View full article »

Was going through few articles yesterday night and in the mean while somebody tweeted what are major debatable things happening in the market from traders prospective and found them …Crude , gold , Oil and natural gas are already on the radar and here are some ..

* Euro holds the key people don’t feel strongly about its directions where it is headed ..They say Is the euro bad or simply boring ?

* Tha dragon China hard/soft landing and the risk implications woes Link

* Mr Bernanke’s glass …half-full or all empty :) View full article »

It could be possible that the endangered Kingfisher will not be spotted outside India as the liquor baron Vijay Mallya cash-strapped airline doesn’t have a platform to book international tickets and will suspend the global operations.

The airline needs a white knight investor – urgently – if it is to survive in its current form. Kingfisher’s survival depends on the equity infusion. Everything depends on that. If he (Mallya) can’t get that then everything will fall apart,” said an executive at a state bank that considers its loan to Kingfisher non-performing, a classification Indian lenders make reluctantly. View full article »

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