tag:blogger.com,1999:blog-80041522829311096682024-03-13T19:26:43.680+00:00Markets and Beyond - An Independent Viewfinancial markets, thematic investments, market analysisUnknownnoreply@blogger.comBlogger190125tag:blogger.com,1999:blog-8004152282931109668.post-47427250215374903342017-10-28T10:27:00.000+01:002017-10-28T10:27:31.055+01:00
ATTN: archive.org
As requested to confirm the content of my e-mail addressed to your organization.
Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-30426176354090326432013-04-14T20:22:00.000+01:002013-04-14T20:23:31.527+01:00Cyprus bail-in revisited: consequences for small economies
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<![endifUnknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-25832251750716295762013-03-11T14:32:00.001+00:002013-03-11T14:32:12.879+00:00The Airline Industry: Challenges, Economics and InnovationThe Airline Industry: Challenges, Economics and Innovation
http://www.youtube.com/watch?v=N27yYgL-iIgUnknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-43621640901351379292013-03-11T11:11:00.000+00:002013-03-16T18:18:10.887+00:00The Airline Industry: Challenges, Economics and Innovation
Energy
is at the center of human life and the harnessing of electricity is probably of
the same magnitude as the harnessing of fire: there would be no modern life
without electricity.
Since
the 19th century’s industrial revolution, fossil fuels together with innovation
have been the main drivers of development. Much has been said about climate
change, and other side effects on health or howUnknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-36691968142812219752013-01-22T14:06:00.000+00:002013-01-22T14:08:53.883+00:00The Bundesbank repatriates its gold reserves
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Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-46301606851626626462012-11-20T18:08:00.000+00:002012-11-20T18:08:05.982+00:00Why the US economy will substantially outperform the EU for the long run
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Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-14876824473107698432012-10-17T19:03:00.001+01:002012-10-17T19:03:43.368+01:00Europe wins the Peace Noble Prize: a farce!
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<![endifUnknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-34623018266946316252012-08-28T14:48:00.001+01:002012-08-28T14:48:55.959+01:00Current account surplus is a key determinant to bonds market turnaround: Italy’s case
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Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-52758667508211725192012-08-17T17:46:00.000+01:002012-08-17T17:46:23.186+01:00Greece: August 20 will not be the day of reckoning
After The ECB rejected a proposal by Greece to delay 1 month
a EUR 3.2 bn bond repayment, Athens issued
EUR 5 bn worth of 13 wk T-Bills August 14, including non-competitive bids, which
was bought by local banks on a meager 1.36
x cover ratio (the worst to date) which really shows that even short term
financing is becoming difficult. These banks will probably use the T-Bills as
collateral withUnknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-62094008326987623112012-07-02T23:05:00.000+01:002012-07-02T23:05:49.482+01:00Eurozone: This time is different, or is it?
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<![endif]Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-66825042557889416202012-06-07T12:42:00.003+01:002012-06-07T12:42:52.509+01:00To my Greek readers: The sale of gold and silver coins by the Central Bank is a rip-off
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Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-14296985299456340452012-05-21T17:29:00.000+01:002012-05-22T12:28:11.389+01:00Eurozone falling chikens’ choice: internal or external devaluation?
1. An awful political
background
Since the financial
crisis started in 2007, 8 elections in Europe
have driven incumbent parties out of business. Whether justified or not, it
shows how the European population is disgruntled by a generation of politicians
whose lack of courage led to the current over-indebtedness mess (N.B. voters
share the responsibility by voting for the same politicians Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-25949712284403724242012-04-26T11:15:00.000+01:002012-04-26T11:15:11.374+01:00French Presidential Elections: First round and why it does matter
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<![endif]Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-60310484307118262372012-04-02T14:11:00.001+01:002012-04-02T14:11:30.711+01:00Stop Press: Markit Eurozone Manufacturing PMI – It’s really badStop Press: Markit Eurozone Manufacturing PMI – It’s really badUnknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-7063182081648133422012-04-02T13:38:00.000+01:002012-04-02T15:59:54.474+01:00Stop Press: Markit Eurozone Manufacturing PMI – It’s really bad
I usually do not post this kind of economic data, since
there are so many published every week. I am doing so since the numbers are
striking, France
in particular is a real disaster. As I indicated many time, forget about Portugal, Spain
(well not really, do not forget Spain!)
and Italy, France is the
sick man.
Greece:
3 month high but still in contraction territory @ 41.3
France:
33 month Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-23346651729804101932012-03-23T10:19:00.001+00:002012-03-23T10:19:09.343+00:00French capitalism = socialist cronyismFrench capitalism = socialist cronyismUnknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-53304326851588856742012-03-23T09:25:00.000+00:002012-03-23T09:27:05.056+00:00Greece, Europe and the rule of Law
On 23rd February 2012, the Greek parliament
passed a Law which at the time went mostly unnoticed in one of its provisios: the
retroactivity of the CAC (Collective
Action Clause) for Greek Law bonds.
Greek bonds holders who do not accept the debt swap will be forced to do so.
EUR 205 bn were eligible for the debt swap:
Investors (well, banks) holding EUR 152 bn Greek law bonds
accepted the Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-47479699578554540862012-02-28T13:42:00.000+00:002012-02-28T13:42:06.806+00:00French capitalism = socialist cronyism
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<![endif]Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-8540031959078645102012-02-04T15:18:00.000+00:002012-02-10T14:57:30.190+00:00Greece 2011 Budget execution and the (bleak) future
A year ago, European politicians were hailing the progress
made by Greece
stating that the nadir of the crisis was behind and difficulties ahead would be
dealt with forcefully. As my readers may recollect, I did warn that the plan
will fail and the Greek situation would worsen, the country being bankrupt.
Let’s see what happened in 2011 in the Greek Budget:
Note that the last column Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-59475292392914525802012-01-10T12:32:00.001+00:002012-01-10T20:10:04.018+00:00The magnificent 7 and equity markets - Review 11
Since I last wrote about the magnificent 7 in February 2011,
a lot has happened and it is rather appropriate to review where do we stand at
the beginning of 2012.
Despite all discussions about recession/double dip in the US
for most of 2011, it did not occur and growth looks to carry on, whilst at a
moderate pace; this is strikingly different from what we have been witnessing
in Europe sinceUnknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-43302067368181540402011-12-16T09:13:00.000+00:002011-12-16T09:13:40.428+00:00A week in Europe – 20 years after the Maastricht Treaty
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<![endif]Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-30323735867956700352011-11-08T20:34:00.000+00:002011-11-08T20:42:59.194+00:00European rescue package: truth and fallacy
It occurred to me that the EUR100 bn private sector participation
to the latest Greek rescue might no be as large as trumpeted by European
leaders on 27th October.
The statement:
“…we
invite Greece,
private investors and all parties concerned to develop a voluntary bond
exchange with a nominal discount of 50% on notional Greek debt held by private
investors.”
The facts:
1. Greek’s Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-78056000883488088712011-11-03T17:21:00.000+00:002011-11-03T18:00:39.149+00:00Eurozone as we have known it: end of story
1. Greece
Tuesday’s announcement by the Greek Prime Minister, Giorgios
Papandreou, of an impeding referendum on the second rescue package concluded a
few days before sent market rolling and policy makers tangling in despair and
frustration.
It was doubtful that this rescue package would work, but at
least it was buying (wasting) a bit more time.
Interesting enough Wednesday’s Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8004152282931109668.post-75308275756227315282011-10-28T23:45:00.000+01:002011-10-28T23:45:04.957+01:00Euro summit: kicking the can down the road once more
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Unknownnoreply@blogger.com