Posts Tagged ‘ credit market ’

How Credit Effects the Market

Feb 26th, 2008 | By Chris Mayer | Category: Macro Economics
Pete Arnold of the Egan-Jones credit-rating agency, and the rest of Wall Street have a saying: “Credit precedes common.” In other words, changes in a company’s credit quality can predict what will happen to a company’s share price. Mr. Arnold’s phrase is not an entirely new idea, but it is a ...read more


An Imminent Collision

Dec 27th, 2007 | By Whiskey Contributor | Category: Macro Economics
ON DEC. 19, WE LEARNED THAT THE BRITISH GOVERNMENT’S guarantee to bail out Northern Rock’s creditors is worth a staggering £100 billion. That’s £5,000 [$10,000] per British household. This week, the European Central Bank made $500 billion available through money market operations. And only last week, $110 billion of new ...read more


The Hot Stove League

Nov 7th, 2007 | By Whiskey Contributor | Category: Emerging Markets
MUCH LIKE THE WORLD OF SPORTS, the corporate world is full of high-paid and in-demand superstars. As with their heroes on the field, many average Americans cannot fully understand the amount of money that is paid to many powerful CEOs. Last month, All-Star third baseman Alex Rodriguez opted out of his ...read more


The Dumb and the Restless

Oct 17th, 2007 | By Whiskey Contributor | Category: Commodities, Macro Economics
As we move forward in these volatile markets, it seems that the sand in the hour glass is getting closer and closer to running out. The prices of gold and oil are signaling that we may be experiencing the calm before the storm. The price of our favorite yellow metal, although ...read more