Télécharger le document : Thaler’s Corner du 30-07-10
Archive for July, 2010
La réalité sonnante et trébuchante de la déflation japonaise
On July - 30 - 2010
Une illustration frappante de l’Animal Spirit
On July - 28 - 2010
Télécharger le document : Thaler’s Corner du 28-07-10
A mi-chemin des objectifs: 2900 (Stoxx) et 127/126.50 (Bund)
On July - 26 - 2010
Télécharger le document : Thaler’s Corner du 26-07-10
Just some reading : Deficit hysteria redux?
On July - 22 - 2010
Télécharger le document : Thaler’s Corner du 22-07-10
La FED doit briser le 0% Lower Bound !
On July - 21 - 2010
Incroyable ! Niall Ferguson devient déflationniste
On July - 12 - 2010
Maurel&Prom Oceane new issue – Pricing & Comment
On July - 9 - 2010
Being currently valued on its current production, Maurel appears at first sight to be a very attractive stock; however, caution needs to be exercised because exploration failure has occurred in the past. Also, we note that attractively priced paper is available currently in the secondary market and being exposed to such a small issue requires good visibility on Maurel’s future earnings – something which is not there, in our view.
CB Issuers most exposed to non European countries
On July - 2 - 2010
Reining in Europe’s deficits will obviously limit growth for a sustained period of time as solving governments’ solvency issues will require at least three to four years.
Companies with a significant exposure outside Europe will benefit both for a currency aspect (competitive and currency conversion impact) but also because of boosts to top line growth from the relatively faster growing economies of Asia and the Americas.
The list attached is combining issuers with European exposure below 60% of their total income and a Delta above 20%.
Ce n’est pas le Kreditanstalt Redux !
On July - 1 - 2010
Télécharger le document : Thaler’s Corner du 01-07-10
