Credit Writedowns

Today is going to be a bit of a roundhouse review of issues in the news rather than a single topic daily newsletter because a lot of different things are creeping up on us that I haven’t highlighted. So I want to touch upon some of the…

News links for 29 Apr 2014

I haven’t posted to the blog portion of Credit Writedowns for some time because my schedule has been filled producing the finance show Boom Bust on RT. So I apologize for not having a lot of content for you. Last week, I hosted my first…

Since 2007, the global economy has been in a near permanent sate of semi-crisis. Forget about Jamie Dimon’s quip to his daughter that a crisis is something that occurs every five years. Start thinking of the global economy as being in a…

News links for 28 Apr 2014

Topics for today: Tail risk from Ukraine is increasing, giving rise to investment opportunity Argentina is still a basket case US housing will not add appreciably to a US growth acceleration I think the big news in the markets is…

News links for 25 Apr 2014

Last quarter, I said that Apple the China Mobile deal and the growth in China would make for a better quarter for Apple this go round. Moreover, despite the negativity we heard before the earnings report about Tim Cook, Apple is a well-run…

Study: Samsung's Apps Are Ubiquitous but Unloved - Digits - WSJ Facebook Beats In Q1 With $2.5B In Revenue, 59% Of Ad Revenue From Mobile, 1.28B Users | TechCrunch Facebook Posts Earnings Beat as Mobile Soars Past One Billion Monthly…

The Euro area composite PMI rose to 54.0 from 53.1, making it unlikely that the ECB will move against deflation in May The Chinese HSBC/Markit flash manufacturing PMI was up to 48.3 from 48.0. However, this still shows contracting…