Posts Tagged ‘ credit markets ’

Strong Resource Companies Will Survive… The Dollar May Not

Oct 9th, 2008 | By | Category: Currencies, Economics, Macro Economics
Out of the thousands of hedge funds in existence, hundreds are closing up shop and liquidating, if the latest trading action was any indication. Many of these hedge funds should never have been started to begin with, because their illusory gains during the credit bubble were too often made with ...read more

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Posted in Currencies, Economics, Macro Economics | 1 Comment »


Balance Sheet Stress and Vulture Buyers

Dec 12th, 2007 | By | Category: Macro Economics
MORE PAIN FOR BANKS IS COMING, as Reuters reports that UBS writes down $10 billion: “After advising for weeks there were no huge charges on the horizon, UBS stunned the market on Monday with the massive write-down, saying it had obtained a 13 billion Swiss franc ($11.52 billion) capital injection from ...read more

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Posted in Macro Economics | No Comments »