Yes! We have no collateral today
Didn’t think the quality collateral scarcity issue was a big problem?Seems the fast diminishing pool of ‘risk-free’ assets is a big enough issue to have the...
S&P plays Grim Reaper for the upcoming death of AAA
A major FT exclusive on Monday:Standard and Poor’s has warned Germany and the five other triple A members of the eurozone that they risk having their top-notch ratings downgraded...
The Myth Of the Chinese Soft Landing
> From Econoshock in Belgium, comes this look at a potential Chinese hard landing: The Top 10 of rarest things in the world ? 10. Fine German restaurants 9. Humor and self-criticism 8. Safe biking lanes in Flanders 5-7 *** 4. Proposals for public expenditures cuts in Belgium (as part of the 10Bn€ effort) 3....
S&P affirms the UK’s AAA
Does this look like grounds for a negative or a stable outlook on that affirmation, do you think? (Via S&P’s statement — released just as Chancellor George Osborne...
More on the Fitch reaffirmation
We were as relieved as anyone that Fitch, as expected, declined to follow S&P’s lead on Tuesday, but here’s a chart that nevertheless gave us something to ponder:...
Anarchy in the UK
Relax everyone, the UK’s haven status and AAA rating is safe.Or so says Nomura in a ‘Riot‘ special.Selected highlights, emphasis ours:The initial spark...

