CIO Vantage Point

 

CIO Vantage Point
July 13, 2012 Posted by
For those of you old enough to recall this line from SNL (nearly thirty years old, I'm afraid), the first sentence in the linked article will likely bring a chuckle: "France is ready to cede sovereignty to its European partners…" Though the country is not in any real fiscal trouble, European Affairs Minister Bernard Cazeneuve felt confident enough to make this statement implying France is ready to report to a council of some sort, run by all 17 members of the euro zone.
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CIO Vantage Point
July 06, 2012 Posted by
1. UK lawmakers set up inquiry on LIBOR issue. Early next week, a showdown between a Bank of England and a Barclays official will ensue.The question on hand is: Did the Bank of England encourage Barclays to submit artificially low rates in the LIBOR rate-setting process? Recall during the height of the crisis how worried everyone was about the banking industry? This does not seem so implausible.
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CIO Vantage Point
July 06, 2012 Posted by

If you have a floating rate loan, you probably think that your interest accrual will rise "when rates go up" and fall "when rates go down."  This would be true if all rates moved together, but the ongoing "LIBOR scandal" as it's being called demonstrates otherwise.

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CIO Vantage Point
March 22, 2012 Posted by
Robert Guest, The Economist’s Business Editor, discusses his key business and economic findings from his book Borderless Economics: Chinese Sea Turtles, Indian Fridges and the New Fruits of Global Capitalism in this video interview with Joe Morgan, Chief Investment Officer of SVB Asset Management...
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CIO Vantage Point
February 16, 2012 Posted by
The Brazen Dozen is a list of events that I believe have a 40 percent probability of occurring during the year. These events skirt the outposts of probability. The objective is to think outside the box with regard to economic, market, and political activity so that we may better prepare for the 100-year floods that seem to occur so frequently.
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CIO Vantage Point
January 17, 2012 Posted by
The Brazen Dozen is a list of twelve events that I believe have a 40 percent probability of occurring during the year. These events skirt the outposts of probability.
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CIO Vantage Point
September 12, 2011 Posted by
In "normal" times, investors and traders use economic and market data to drive their decision-making process. When the economy is growing, inflation and employment are stable, and earnings are solid, investors look primarily to data that would show any sort of stumble in these three measures.
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CIO Vantage Point
August 11, 2011 Posted by
Markets around the world have experienced great turmoil over the last several weeks as they struggle to figure out what the world will look like going forward.
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CIO Vantage Point
July 20, 2011 Posted by
In this column back in April , I argued the case against a rate cut for the U.S. after S&P put the U.S. on "negative outlook." Now that Moody's* has followed suit by placing the U.S. on "review for possible downgrade," the possibility of a downgrade seems to be increasing.
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CIO Vantage Point
July 11, 2011 Posted by
Ron White of Blue Collar comedy fame has claimed that “people learn things” when he drinks. As an example, he cites the time a cab driver learned that when Ron says, “I gotta yak,” it doesn’t mean he has a hairy buffalo tied up in his backyard.
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