The latest at Credit Writedowns
Hi Everyone, I just wanted to update you on the goings-on here at Credit Writedowns in the new year.
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AT&T raising charges by 33%
This is not an opinion on AT&T stock since AT&T benefits from a monopoly status in fixed line and oligopoly status in mobile telecom. But I did want to briefly flag something regarding the telecom industry and M&A.
AT&T raising charges by 33%
This is not an opinion on AT&T stock since AT&T benefits from a monopoly status in fixed line and oligopoly status in mobile telecom. But I did want to briefly flag something regarding the telecom industry and M&A.
Where Europe is headed and what it means for investors
This is weekly number three for Credit Writedowns Gold. The topic for the week is really unavoidable because it is all anyone talks about: Europe. Let's be honest, Europe is a complete mess and I believe it will only get worse. The question…
Münchau: We are fighting the wrong crisis
To me this situation looks pretty hopeless frankly. Policy makers in Europe just don't get it. The best we are going to get is austerity and partial monetisation by the ECB until the union breaks or sovereign debtors default and banks are…
Münchau: We are fighting the wrong crisis
To me this situation looks pretty hopeless frankly. Policy makers in Europe just don't get it. The best we are going to get is austerity and partial monetisation by the ECB until the union breaks or sovereign debtors default and banks are…
News Links: ECB contemplates buying non-government debt as QE
Financial news links for 18 January 2012
Here’s how much Austrian banks are on the sovereign debt hook for
According to Austrian newspaper Der Standard, Austrian banks had 18.1 billion euros of exposure to foreign sovereign debt at the end of October. The debt to which the banks were most exposed were Polish, Italian, German and Hungarian…
Fitch planning to downgrade six European sovereign credits
Swiss daily newspaper Tagesanzeiger is reporting that Fitch, the ratings agency, is about to downgrade six European countries because of the sovereign debt crisis. The paper says that six euro countries were put on ratings review in…
Robert Shiller: “Sweden has a bubble”
Sweden may have a bubble in its housing market. But now that housing prices have begun to fall, it is too late to deploy countermeasures.