Anita Campbell writes: South China Mall is the world’s largest shopping mall, according to this article in The National. At over 7 million square feet, it is ...
Firstly – fantastic upmove. In the last week, the markets have gone up some ridiculous 18%. Which is good, because a bounce was expected. There are a ...
The ABX indices seem to be hitting newer and lower lows. ABX is based on the various tranches of CDOs of subprime mortgage loans (see here for more, and thanks ...
Inflation at 11.4% today and the folks on CNBC are jumping around in excitement. I usually don’t watch business news, but today I have this viral fever ...
From Bloomberg: Citigroup Inc., Merrill Lynch & Co. and UBS AG may post losses of $10 billion on bond insurance after MBIA Inc. and Ambac Financial Group ...
The ABX HE indices, which basically shows prices at which home asset backed securities are quoting, are sliding downwards again. This is the ABX-HE-AAA-07-2 ...
Before I start my theory about Subprime Phase 3, I want to clarify one thing. Everything I mention here is a short term opinion on where things are going. That ...