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Can we rely on LIBOR? - Tom Spencer consulting blog

Tom Spencer

IN A RECENT article by Bloomberg Businessweek , assistant managing editor Brian Bremmer reports that investigators in America, Canada, Japan, the UK, and the EU are trying to determine whether a handful of brokers and traders have manipulated LIBOR. by Tom Spencer on March 6, 2012 · 4 comments  ·  Image Source. in Economics.

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Argentine Central Bank Chief Quits in Currency Dispute; Hyperinflation On the Way?

MishTalk

There was a sharp sell-off in the benchmark Merval stock index after Mr Fábrega’s departure was announced. Argentine Peso vs. US Dollar 64% "Official" Decline Since July 2008 On July 31, 2008, the peso had been relatively stable an traded at 3.03 Here''s a chart that shows just that. pesos to the US dollar. to the US dollar.

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Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup; 50% Tax on Internet Purchases

MishTalk

Emerging Market Contagion Spreads Bloomberg reports Contagion Spreads in Emerging Markets as Crises Grow The worst selloff in emerging-market currencies in five years is beginning to reveal the extent of the fallout from the Federal Reserve’s tapering of monetary stimulus, compounded by political and financial instability.

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Singapore Set for Icelandic-Style Property Bubble Meltdown; Hype or Reality?

MishTalk

My recent reports on Malaysia , Thailand , the Philippines , and Indonesia show that the entire region is caught up in a massive bubble, and Singapore is benefiting from this bubble by acting as ASEAN’s financial center. Federal Reserve has pursued its zero interest rate policy, or ZIRP, after the financial crisis in 2008.

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More Currency Intervention Madness: Sweden Draws Line in Sand with Euro

MishTalk

Bloomberg reports Sweden Seen Closer to Krona Intervention to Tame Exchange Rate. With a benchmark interest rate already at an historic low of minus 0.35 The Krona is right where it was between 2004 and 2008 before it weakened dramatically. The prediction follows a Dec. Why the panic?

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Clash of Generations - Boomers vs. Millennials: Attitude Change Will Disrupt Wall Street and Corporate America

MishTalk

As Millennials became a larger and larger share of the marketplace, the idea of “cause marketing” has evolved from a nascent promotional strategy to the key differentiator, not only in deciding what to buy, but who to trust and reward with brand loyalty. Cone’s 2013 survey of over 1,200 U.S. Morgan Chase & Co., Bank of America Corp.,

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China Attempts to Prop Up Stock Market After Steep Declines; 1929 Flashback

MishTalk

The South China Morning Post reports Chinese Shares Close Mixed as Stimulus Boost Short-Lived. The benchmark Shanghai Composite Index added 2.41 Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific. Stimulus Short-Lived The stimulus act has failed already. per cent at open.