Sorry, your blog cannot share posts by email. The IFF China Report 2019: Redesigning the international trading and monetary system Reform of the financial system that brought about the 2007–08 financial crisis has not gone far enough and advanced and emerging market economies must find a more co-operative way forward to ensure globalisation can continue. Finally, Tenebrarum commented: “I agree on your effective lower bound comment, since obviously, the ‘dearth’ of excess reserves was pushing up all overnight rates, including the FF rate.”. Leveraged finance is made up of leveraged loans and high-yield bonds for non-investment-grade firms that are highly indebted. Axiom7: Euro banks are starving for dollar funding and if there is a hard Brexit both UK and German banks are in big trouble. A Stock Market Crash Of 65-80% This Year? 19 September 2019 Belinda Cheung and Sebastien Printant The spread between key Australian money market interest rates has widened and become more volatile in recent years. China’s informal banking sector has played an important role in helping the economy’s transition towards a consumption-led model. I used to visit Mishs old site. The shadow banking system played a major role in the expansion of housing credit in the run up to the 2008 financial crisis, but has grown in size and largely escaped government oversight since then. THE FOLLOWING ARE A GOOD CORE SELECTION OF TECHNOLOGY STOCKS THAT ARE BASED ON REAL PROFITS: APPLIE (AAPL) , GOOGLE (GOOG) ENERnOC (ENOC) AND ATHENA hEALTH (aTHN). It’s now up $120 billion a day, every day, extended for weeks. The 2019 report covers data up to end-2018 from 29 jurisdictions, which together represent over 80% of global GDP. India’s $42 billion shadow-banking system has been creaking since one of the country’s biggest infrastructure lenders unexpectedly halted debt repayments in … maturity transformation, and there can be pockets of high and growing leverage among hedge funds and some types of alternative funds. These are spasmotic movements that nobody seems to understand. Harry-Ireland: [sarcastically], Of course, it’s not QE. 8.1 The liquidity crunch in the shadow banking system in India (Box 1) took shape in the wake of defaults on loan obligations by major Non-Banking Financial Companies (NBFCs). Historically “organic” growth was about $2 to $3 billion. Moreover, the share of leveraged loans is increasing, just as immediately before the global crisis (Figure 2). A GOOD SOURCE TO VERIFY VALUE IS WWW.VECTORVEST.COM. While there is too much collateral and not enough reserves to fund it, we don’t know anything about the distribution [or quality] of this collateral. $349 - $449 - $649 - $949 + S&H Y figurent essentiellement : 1. des banques d’investissement; 2. des fonds spéculatifs (hedge funds) ; 3. des fonds d’investissement(fonds mutuels, fonds de pension, sociétés d’assurance) ; 4. des fonds de private equity (fonds spécialisés dans l’achat … The shadow banking system consists of lenders, brokers, and other credit intermediaries who fall outside the realm of traditional regulated banking. (Knx) Msci (mxb),United Microlectronics (UMC), Viterra (vt.to) Weyerhaeuser (WY), Magna International (MGa) Microsoft (msft) Yum brands (Yum), Fresenius Medical Care (Fms) Fti Consulting (Fcn), Schwitzer (Swm); Fixed Income: NSL, PPR, FFRXhx, Fct; Special of the Day: Conagra; Organic Investments: CTRP, SYY, Hnz, Credit Card special: Ma and ACIW: Worst Cast Options: KPRWBX, VfIIX, VXX, ABT,APD, ALEX, APA,AAPL, ADM, T, BAX, BDX, BA, CPB, KMX, CAT, CVX, CTAS, CLX, KO, CL, COP, COST, BCR, CVS, DE, XRAY, DBD, D, DOV, DD, EBAY, ECL, ECA, EGN, ETR, XOM, FIC, FDX, FLR, FMC, FPL, GD, GIS, GR, GWW, HRS, HNZ, HPQ, HON, HRL, ITW, IBM IP, IRM JNJ, JCI,K, KFT, LOW, LZ, MRO, MKC, MCD, MDT, MON, NIKE, NSC, NTRS, PDCO, PAYX, PEET, PEP, PRGO, PNY, PX, PG, RTN, ROST, SLB, SIAL, SO, STJ, SPLS, SBUX, SYK, SYY, TGT, TEVA, MMM, TJX, TSCO, UNH, UPS, UTX, VMT, VAR, VZ, VMC, WAG, WFC. “This Was A Coordinated Attack”: Parler CEO Speaks Out After Amazon Boots From AWS, Vows To Rebuild ‘From Scratch’, THIS DAY IN HISTORY – Gusher signals start of U.S. oil industry – 1901. NO PRINCIPAL LOSS FOR 2010: 50% OF LADDERED INDIVIDUAL TREASURY BONDS; 30% ISHARES BARCLAYS TIPS BONDS (TIP) 10% VANGUARD SHORT TERM TREASURY (VFISX) 10% VANGUARD GNMA (VFIIX) ; ANOTHER STRATEGY FOR THE SECOND HALF OF 2010: 35% T ROWE PRICE INTERNATIONAL BONDS (rpibX0 25% HARBOR BOND (HABDX) 20% VANGUARD INTERMEDIATE TERM TAX EXEMPT (VWITX) 15% ISHARES BARCLAYS TIPS BOND (TIP) AND 5% VANGUARD SHORT TERM TREASURY (VFIXS), TOP STOCK FUNDS FOR 2010 WITH GOAL OF 50% OR HIGHER: OCEANSTONE, PROFUNDS UTLRA LATIN AMERICAN INV. Regulatory framework for haircuts on non-centrally cleared securities financing transactions. Figure 1 shows that leveraged finance has doubled since the global crisis. Then he went to something complicated. What’s more, the Federal Reserve without a doubt knew that something like this was coming. Global shadow banking assets reached $52 trillion as of fiscal year-end 2017, up 8.5% year over year, the report noted, citing the G-20 Financial Stability Board. TOP VANGUARD FUNDS: VANGUARD EMERGING MARKETS (VEIEX), VANGUARD INTERNATIONAL EXPLORER (vEIEX); VANGUARDE ftse aLL wORLD eX-us. The report presents metrics and analysis for monitoring risks and therefore informs discussions at the EU level, also with a view to identifying and closing statistical data gaps. (VEU), ARTISAN INTRNATIONAL SMALL CAPTS ( ARTJX) , TOP INDEX FUNDS:VANGUARD 500 (vFINX) LARGE CAP, SMALL CAP: VANGUARD MID CP (VIMSX) SMALL CAP: VANGUARD SMALL CAP (NAESX) VANGUARD TOTAL INVERNATIONAL STOCK ( VGTSX) AND VANGUARD TOTAL BOND MARKET ( VBMFX) USING VANGUARD ETF'S VTI, VO, VB, VEA, VEU, VWO, VNQ, BND, BSV: GOOD GOLD FUND: TOCQUEVILLE GOLD (TGLDX), Canon (Caj) PPg Industries (ppg), Dell (Dell), Vale (vale) Syngenta (syt) Telvent (TLVT) Church & Dwight (chd) , Family Dollar Stores (Fd0), General Mills (Gis) J & J Snacks (usf) Owens & Minor (omi) Ratheon (rtn) Abbot Labs (abt) Coca-Cola (Ko) Goldcorp (gg) , Procter & Gamble (pg) Chang You,com (cyou) Chevron (CVx) Hewlett Packard (HPQ) Strayer Education (stra), BB&T (BBT), Ingersoll Rand (IR) Jos. — Dave Collum (@DavidBCollum) October 24, 2019. THESE ARE SOME OF THE TOP RATED UTILITIES FOR 2010: FLEX-FUNDS-THE TOTAL RETURN UTILITIES FUND (FLRUX); AIM UTILITIES FUND (FSTUX), UTLITIES SELECT SECTOR SPDR FUND (XLU) , VANGUARD UTLITIES ETF (VPU), VANGUARD UTILITIES INDEX FUND (VUIAX), MACQUARIE/FIRST TRUST GLOVAL INFRA/UTIL DIV 7 INC (MFD) , COHEN &STEERS SLECT UTILITY FUND (UTF) , UTILITIES HOLDRS TRUST (UTH); SOME INDIVIDUAL STOCKS TO EXAMINE ARE: APU, MMP, EEP, EXC, DUK, TXU, NWN, NJR. The Fed keeps increasing the size and duration of “overnight” funding. CANADIAN BONDS ( A HIGHER CANADIAN DOLLAR WILL KEEP INFLATION LOW, BUT WILL HAVE POSITIVE FIXED INCOME RETURNS. Enter your email address to subscribe to The Burning Platform and receive notifications of new posts by email. The intellectual theories of David Rosenberg, Noureli Roubini, Gary Schilling, Robert Schiller, Dr. Herrera and Paul Krugman are used to create a economic fractal matrix.The global deflation is the major driving force for the next 9 years. These firms are often owned by private equity. — Dave Collum (@DavidBCollum) October 24, 2019. History. It is astonishing that the Fed somehow seemed unprepared and quite surprised by the extent of the liquidity shortage. How can it be, it’s the greatest economy ever and there’s absolutely nobody over-leveraged and the system is as healthy as can be! Companies must move away from Libor by the end of 2021, when banks will no longer be required to publish rates used to calculate it. Cheesie: How do you do repos with a negative interest rate? When the economy turns, equity i… Every State should have its own currency based on the goods and services it produces. 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