Posts filed under “Fixed Income/Interest Rates”

Global Credit Crunch?

Merrill_clock_1
Surprisingly strong words out of Merrill:

"Merrill Lynch has warned of a global credit crunch as central banks in Europe and Asia tighten monetary policy, advising clients to shun risk and switch to safer assets over the forthcoming months.

Presenting its strategy for 2007, the US bank said the world boom is clearly giving way to a slowdown that will shake up markets and punish smaller equities, industrial metals, and lower-tier assets of almost every kind.

Money can still be made as the cycle turns, chiefly by rotating into short-term cash deposits and quality stocks with good dividend yields such as AstraZeneca, Barratt Developments, Sweden’s retailer H&M, or Spain’s Banco Popular Espanol – along with a few bars of gold bullion.

The bank said 2007 would be the "year of the dividend", with fear returning as the VIX and VDAX volatility indexes – widely used in option trading – rise from record lows."


One rarely sees such a clearcut warnings from a major asset gatherer . .  .


Source:
Merrill sounds alarm on global liquidity
Ambrose Evans-Pritchard, International Business Editor
Telegraph UK  1:22am GMT 06/02/2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/02/06/cnmerr06.xml

Category: Federal Reserve, Fixed Income/Interest Rates, Investing, Markets, Psychology

5 & 10 Year Yields

Category: Fixed Income/Interest Rates, Technical Analysis

Cash No Longer Trash?

Category: Currency, Federal Reserve, Fixed Income/Interest Rates, Psychology

Falling Bonds, Rising Yields

Category: Energy, Federal Reserve, Fixed Income/Interest Rates, Inflation

The Sordid Truth About Inflation

Category: Data Analysis, Federal Reserve, Fixed Income/Interest Rates, Inflation, Investing, Markets

Seven Big Numbers for 2007

Category: Commodities, Currency, Fixed Income/Interest Rates, Inflation, Markets, Psychology

Yield Curve: Its different this time

Category: Data Analysis, Federal Reserve, Fixed Income/Interest Rates, Investing, Psychology

St. Louis Fed’s Monetary Trends

Category: Economy, Federal Reserve, Fixed Income/Interest Rates, Inflation

Waiting for the Fed; Looking at a few charts

Category: Economy, Employment, Federal Reserve, Fixed Income/Interest Rates

U.S. Treasury Yield Curve

Category: Fixed Income/Interest Rates