The Banking and Strategy Initiative

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Category Archives: Emerging Markets

US Morning Report: Consumer credit swamped by $69 B in Student loan additions, China under new Leadership

The Consumer Credit report for June yesterday (G.19) pointed to an expected decreasein revolver by more than 5% annual rate holding at May levels as retail slumped in June and … Continue reading

August 8, 2012

Global Mid-Day Report: Not much calm Before the Storm

To set the morning in context, PMIs at Spain and Italy dropped as PMIs at UK, France and Germany hit a new low at near 45 in all three Continental … Continue reading

August 1, 2012

Bank Results Season: Humpty Dumpty dropped off the Bonds, and inside the slammer he went… Deutsche Bank Q2 2012

Deutsche Bank’s myriad investigations that started this quarter coincided ith a more moderate but equally urgent delveraging of its Market Risk and Credit Risk books and trading revenues fortunately fell only … Continue reading

July 31, 2012

US Morning Report: PMI at the lower end of the consensus range, really we need the Economic data?

The House price Index starts the boot on the housing recovery that has lasted a minor 20% uptick at the bottom of the cycle(Its a much repeated chart and there … Continue reading

July 24, 2012

US Morning Report: Markets open to a flood of worried earnings reports

Asia took USD Treasury yields south to another all time low as McDonalds’ reported  below par result and Beijing reeled under flash floods that cost the airport 800 cancelled flights … Continue reading

July 23, 2012

US Morning Report: No news would have been good news? Also Googleplex, Intel and Yahoo are in your future..

An expected miss from an honestly deflated Wall Street and no exceptional reports except the hope for Windows 8 from Microsoft while Google carries on in online advertising, is hardly … Continue reading

July 19, 2012

US Morning Report: It’s just the Citi, Retail sales don’t disappoint..China may

Retail sales are down 0.5% for June 12, the most disappointing but probably putting faith back in the multiple reports of retail same store sales that dot the landscape after … Continue reading

July 16, 2012 · 1 Comment

Global Mid-Day Report: The Big winners are the Consumers again!

A mid day comeback on Wall Street is only too common this month as Europe scares but small islands of data that disappoint are covered by more qualitative improvements and … Continue reading

July 5, 2012

Global Moves: US Markets closed, Barclays in the Dock

Apart from ex CEO Bob diamond’s testimony as Diamond and COO Jimmie del Missier left the bank yesterday in face of the Liborgate scandal.  The BoE has also suggested that the rumored … Continue reading

July 4, 2012

US Morning report: Ergo, this rally celebrates the recession’s stunted velocity, Bob Diamond’s on the sled going down

Auto sales are expected to make a mark in a couple of hours (Ford, GM sales up 7%, Nissan and Chrysler also report increase) and as production data falling below … Continue reading

July 3, 2012

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