with Oli | Strategies


Archive for April 23rd, 2008

Ambac is “back” … to haunt the markets

Mittwoch, April 23rd, 2008

Analysts are still way off getting the point in this crisis …
Ambac Q1 result was a net loss of $11.69 a share, versus net income of $2.02 a year earlier, the company said. Its operating loss in the latest quarter was $6.93 a share.
Ambac was expected to report a loss of $1.51 a […]

ECB turns even more hawkish …

Mittwoch, April 23rd, 2008

After a lot of ECB members reiterated their position, that in the current environment there is no interest rate cut possible and adequate …
Today a new quality was reached.
As we know, part of the communication of the ECB is to “leak” policy changes via so called “source-stories” in selected media channels …
Story of today:
ECB is […]