Archive for the ‘Uncategorized’ Category
Thursday, August 3rd, 2017
Via Bloomberg:
Grocery CMBS Stumble Suggests Repricing After Amazon-Whole Foods
2017-08-03 11:56:49.192 GMT
By Adam Tempkin
(Bloomberg) -- Investors gained concessions on the first
commercial mortgage bond backed by grocery-anchored centers
since Amazon announced it was buying Whole Foods Market,
suggesting a repricing of CMBS risk after that transformational
deal.
* Spreads on the bond, sold by Madison International ...
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Tuesday, July 18th, 2017
This is an interesting piece from Robert Sinche at Amherst Pierpont on the changing relationship between US 10 year and Eurpean govies on a hedged basis. The US is looking less attractive.
Via Robert Sinche at Amherst Pierpont Securities:
One of the persistent sources of support for US Treasury debt, particularly at ...
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Monday, July 17th, 2017
Via Bloomberg:
CMBS Monthly Late-Pays Spike Most in Six Years, Still Low: Fitch
2017-07-17 15:49:57.920 GMT
By Adam Tempkin
(Bloomberg) -- U.S. CMBS loan delinquencies increased 22bps
to 3.72% in June from 3.50% a month earlier, the largest month-
over-month spike in six years, Fitch said in a statement.
* This represented largest monthly increase in delinquencies
since ...
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Monday, June 12th, 2017
Excellent piece via Chris Low at FTN Financial:
AM Economic Comments
by Chief Economist Chris Low
Monday, June 12, 2017
Stocks are lower in Asia and Europe overnight and NASDAQ futures are down enough this morning to suggests Friday’s tech selloff will continue today. US 10-yr note yields were higher overnight but have fallen ...
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Saturday, June 3rd, 2017
Via Stephen Stanley at Amherst Pierpont Securities:
The New York Times is reporting that the Trump Administration has settled on nominees for 2 of the 3 open Fed Board slots.
Randall Quarles is said to be the appointee for the Vice Chair in charge of bank regulation, effectively replacing Tarullo. His name ...
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Thursday, May 11th, 2017
This story is via the left wing website DailyKos (dailykos.com). I do not agree with the site's politics but if you want a deep dive into elections it is worth a visit.
Via the DailyKos:
Daily Kos Elections Morning Digest
Leading Off
• Special Elections: On Tuesday night, voters in two counties on the ...
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Wednesday, May 10th, 2017
This is an interesting collage of analyst opinions on the firing of FBI Director Comey and the impact that action will have on the Trump legislative agenda.
I think the Watergate comparisons are hyperventilating hyperbole. Watergate had been a dominating from March of 1973 and the so called Saturday Night Massacre ...
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Thursday, April 13th, 2017
This is an excerpt from a piece written by Steve Feiss of Government Perspectives. The excerpt summarized dealer views on the break of resistance on the 10 year note at 2.28/2.30 and what that signals for the near term course of interest rates. If you have Twitter you can follow ...
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Wednesday, April 12th, 2017
Via UK Telegraph and Ambrose Evans Pritchard:
The Fed has waited long enough: Debt crisis looms as dollar tipped for major spike
2017-04-12 18:58:10.454 GMTThe Fed has waited long enough: Debt crisis looms as dollar
tipped for major spike
By Ambrose Evans-Pritchard, The Telegraph
April 12 (National Post) -- ANALYSIS
The world's leading currency institute is ...
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Wednesday, April 12th, 2017
Carmen Reinhart spoke yesterday at Harvard (where she teaches) and one of my contacts summarized her comments:
· The debt overhang in Europe will act as a constraint on ECB policy and she expects no action by the ECB this year (although they will need to announce something about the current ...
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