with Oli | Strategies


Archive for Juni 5th, 2008

S&P cuts Ambac, MBIA ratings to AA from AAA

Donnerstag, Juni 5th, 2008

Usually this means TROUBLE …
I am really excited about the explanations, NOT to SELL financials …
Standard & Poor’s Rating Services
today lowered its financial strength ratings on Ambac Assurance Corp. and MBIA Insurance Corp. to ‘AA’ from ‘AAA’ and placed the ratings on CreditWatch with negative implications.
The ratings on the holding companies, Ambac Financial Group […]

ECB takes the lead …

Donnerstag, Juni 5th, 2008

ECB today made clear, that there is NO CHANCE for a rate cut …
Due to the current inflation picture, most of the ECB council members see a case for a RATE HIKE …
Trichet sees the possibility for a JULY “small” rate hike …
So … this means NO MORE RATE CUTS … neither from the […]