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, [...]

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 [...]

Will we now face the “financial tsunami” Deutsche Bank’s CEO Ackermann was warning us about? Or do the “betraying geniuses” have their work arounds ready? The news: Moody’s says it may cut Aaa ratings of Ambac, MBIA And the market does not fall … not yet??? Usually, if Moody’s cuts, it will be the second [...]

Even if this firm is NOT a desaster … its communication is one … And as they seemingly neither learn nor are good enough … Darwin says … endangered species … survival questionable … Last example … TODAY … WSJ reported, that “sources” say, Lehman is going to increase their capital by around 4 bln$ [...]

Soros states in a in testimony prepared for a Senate panel on energy manipulation: – that commodities mirror equity moves in 1987. – institutional investments are one sided and big enough to crash the market. Soros advised lawmakers to use caution when considering regulations designed to reduce speculation. Such rules could push investors further into [...]

As today morning Sky News reported … UK is at the brink of recession … and construction activity in the UK fell at FASTEST rate on record … Fitch sees more negative rating actions for UK banks … 2008 to be challenging year. They see: – a number of pressure points continue to build for [...]

Fitch and Moody’s had negative comments last week … now S&P puts Oil into the fire … Be aware … tomorrow they will hold a conference call about the following press release … I don’t think, we will see anything positive … NEW YORK (Standard & Poor’s) June 2, 2008–At the conclusion of its review [...]

UK Telegraph has a interesting bit about emerging market bonds … one could even say about all bonds Read below … AUTSCH!!! Copyright by UK Telegraph Another problem … caused by the same machanisms … GREED, STUPIDITY, DENIAL …