by Markus

Timothy Geithner is undoubtly in an uneviable position. He needs to please his old buddies from Wall Street while working for an administration that authentically took on the fight against lobbyists. On Tuesday he gave an interview to National Public Radio. Main quotes below: ‘‘We are not going to have a second wave of financial [...]

by James

For the past month, the investment question that has occupied most of my time has been whether we should be positioning for rising or falling prices. Recent investor meetings, both in Russia and in Western Europe showed that this question was at the top of client concerns and ? considering the market dynamic ? this [...]

by James

US Treasury Secretary Timothy Geithner is in China, where he has spoken at Beijing University. Thus far, the market reaction is muted, understandable since the content of the speech was fairly broad (read here).? But the market well understands the key point. A week after a spectacular move in??? treasury yields, the US??? administration is [...]

by James

This week we stay on the global theme, given that economic policy news flow from the US remains the dominant market driver. Fresh on the heels of dramatic action by the FOMC last week, Treasury Secretary Geithner this week announced details of his plan to bail out the financial sector. Will it work, and where [...]

by James

A strong, but volatile week. Equities rose again last week and trading volumes increased, strengthening the breadth and depth of the rally. But, these were choppy times. The S&P 500 performed strongly in the first days of the week, including Wednesday, when the FOMC caught the market asleep at the switch. Thursday and Friday it [...]

by Gregory

My name is Gregory Gadzinski and 3 months ago, at the Melange Team request, I had the duty and extraordinary challenge to come up with a weekly wrap; and when you owe someone something you pay it back (hat tip Edward Liddy). So, here is another edition of weekly wrap dominated by AIG and the [...]

by Markus

Some impulses for the weekend. What if … … the economy comes to a full halt even worse than now? Over six in ten Americans (latest Times survey) think that someone in their household will lose their job in the next year. That means six in ten people won’t buy anything other than basics. … [...]

by Markus

In my today´s weekly fund update  (CW08) I proposed a combination of both plans, the Geithner and the Roubini plan. Roubini himself must have read it and outlined how a combination of both can look like. CNBC: Dr. Doom: Nationalizing Banks is ‘Market Friendly’ Joint formula: using Geithners stress test for due diligence reasons to [...]