Recent Blog Posts
This Weeks Fed Meeting
on Oct 26, 2007 in Fed Financial Markets Mortgages adp bank of america countrywide earnings announcements economic front employment report fed funds merrill lynch october fed meeting subprime mortgage market wachovia On October 30 and 31st the Fed meets again. Looks like the odds of a .25% reduction in the Fed Funds is 100%. Chances of a reduction of .50% are sitting around 20%. Primarily the reason for the increased optimism of a reduction has been related to th...
This Weeks Fed Meeting
on Oct 26, 2007 in Fed Financial Markets Mortgages adp bank of america countrywide earnings announcements economic front employment report fed funds merrill lynch october fed meeting subprime mortgage market wachovia On October 30 and 31st the Fed meets again. Looks like the odds of a .25% reduction in the Fed Funds is 100%. Chances of a reduction of .50% are sitting around 20%. Primarily the reason for the increased optimism of a reduction has been related to th...
Merrill: Housing Prices To Drop 15% This Year
on Jan 23, 2008 in nar home builders home buying fed meeting lawrence yun merrill lynch Analysts at Merrill Lynch predict that Real Estate prices will fall 15% in 2008, and continue to slide in 2009. The NAR disagrees: in their rosy outlook, prices will be flat this year, with a 5.3% drop in the first quarter and a rebound in the second...
The Rise & Fall of Bear Stearns
on Mar 24, 2008 in Warren Buffett Bank of America Lehmann Brothers Bear Stearns Merrill Lynch JP Morgan Citigroup Is it a bull, is it a bear? No, it's Bear Stearns!! (Bear Stearns is 5th largest Investment Bank in US while Lehmann Brothers ranked No. 4).From USD 2.84 (1985) to USD 159.36 before the sharp fall due to subprime crisis, with the offer from JP Morgan...
Lehman Brothers & Merrill Lynch...why the fuss? Important in Swindon?
on Sep 14, 2008 in ifa swindon Lehman Brothers Merrill Lynch swindon uk financial adviser An extra-ordinary weekend has seen US Investment Bank Lehamn Brothers file for bankruptcy.Secondly Merrill Lynch has ben bought bu the Bank of America.Both companies were badly hit by having bought bad mortgage related debt.There will be repercussion...