We've selected some comments from Saturday's demonstration in Times Square. Achei (African American, employed, in her 50's): “This young people who have gone to school and took a loan they can't pay back because they don't have any jobs to pay back. People who bought their homes are getting foreclosed, they're getting thrown out of their houses.” Gerry Crane (American, employed, in his 60's, has helped the Green Party): “A famour author,…
Iberdrola and Telecom Italia were on Thursday able to issue debt in the primary market, in bonds for a total amount of €600mn at four years and €750mn at five years, respectively. According to analysts at Banco Santander “issuers took advantage of a perhaps passing opportunity to place debt, long before the critical dates of the European Counci
NEW YORK | In four weeks, the Occupy Wall Street (OWS) movement has placed itself at the center of the American politics debate. As satirist and TV host Jon Stewart said in his Daily Show, it has caused the media to move its coverage dial from “blackout” to “circus”. Reporters from all the major networks have gone to Zucotti park to talk to the protesters. The president Barack Obama and…
How To Get Your Ex girlfriend Back From Barclays Capital | China's sovereign-wealth fund stepped in Monday to buy shares of the country's battered banks, which have been caught in a selloff that analysts say reflects a broader loss of trust in the integrity of corporate earnings and government statistics. The skepticism of investors comes as China has become increasingly exposed to global markets, largely through stock listings of its…
At Bankinter, analysts expect markets to register a further downward move in the coming weeks. In fact, they believe that markets right now “are probably too excited by the prospects of a coordinated and positive outcome for the euro zone. In reality, the only tangible factor one could be led by to optimism is the fact that the ECB has some unconventional measures taken, but these are not decisive in…
According to JP Morgan, taking the last 30 years, it appears evident that the S&P500 has an average annual return of 7.5%, which makes sense considering an average annual inflation of 3.5% coupled with an average GDP increase of 3% (as an average of the cycles), plus a modest risk premium added. “The greatest deviations in the last 30 years from this trend occurred during the tech bubble and the credit…
Step by step, European authorities may believe that they’re getting on with the job, but capital markets clearly dislike the speed; actually, the lack of any speed at all. The euro-group has requested further adjustment measures for 2013-2014 from Greece and wants an acceleration of privatisation plans, too. Unfortunately, it has been decided to delay the release of the €8bn sixth tranche of the first rescue of Greece beyond the initially marked date…