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Monthly Archives: June 2007
April Case-Shiller housing Index released today 15 year high of home inventory
See video clip of Danielle discussing this morning's reading on BNN:The Street at 9:20 am
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UK Telegraph: Bank for International Settlements warns of Great Depression dangers from credit spree
Today the UK Telegraph reports that the BIS (Bank for International Settlements) the world's most prestiguous financial body is sounding concern that years of loose monetary policy has fuelled a dangerous credit bubble, now leaving the global economy more vulnerable … Continue reading
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Sub-prime plot thickens
“U.S. Treasury prices fell Thursday as subprime concerns plagued the bond market. A Blackstone Group-led proposal to restructure and re-capitalize the Bear Stearns High-Grade Structured Credit Enhanced Leverage Fund, and a sister fund, unraveled with Merrill Lynch’s refusal to accept … Continue reading
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