Tag Archives: Bonds

Financial Daily Dose 9.6.2019 | Top Story: A Preview of Today’s U.S. August Jobs Report

BY: Michael D. Reif | September 6, 2019

Jobs Report Friday! Here’s what to look for in the numbers – WSJ and Bloomberg and NYTimes The White House has rolled out its “long-awaited plan” to return federal mortgage giants Fannie Mae and Freddie Mac to the private sector. The proposal takes the form of a 49-recommendation approach that’s “unlikely to find an eager … Continue reading

Financial Daily Dose 8.29.2019 | Top Story: South Korea High Court Could Send Samsung Heir Back to Jail

BY: Michael D. Reif | August 29, 2019

A ruling this morning from South Korea’s top court means that Samsung’s de facto leader, its vice chair and chaebol heir Lee Jae-yong, could be heading back behind bars. The high court found that a lower appeals court “had underestimated the value of the bribes” he provided to former South Korean president Park Geun-hye, jeopardizing … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 11, 2018

In naming Gregory Abel and Ajit Jain vice chairs, Berkshire Hathaway took another big step this week in laying out LAWB (Life After Warren Buffet) – WSJ and NYTimes and Bloomberg To be fair, the debt collectors were pretty good at collecting their own money. The IRS’s, on the other hand—that was a different story … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 9, 2017

By volume, December wasn’t an incredible month for US jobs. But the report did help cap a year that saw average hourly earnings rise 2.9%—the best since 2009 and a “turning point for the overall economy,” according to one veteran economist – NYTimes and Marketplace Those stressing about the state of the corporate bond market … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | November 14, 2016

What the uncertainty that defines nearly all aspects of the incoming administration means for the Fed (aka, which promises were real?) – NYTimes The bond market seems to have a pretty good guess of things to come, at least. The bond market lost more than $1 trillion in value last week, and 30-year US bond … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | November 7, 2016

The Upshot breaks down Friday’s job report and finds a “basically healthy” economy – NYTimes Here’s the Journal’s take, perfect for you chart-lovers out there – WSJ In a closely watched battle over the DOL’s new fiduciary rule for retirement account investment advisers, the Labor Department has scored an early first victory. A DC federal … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | September 15, 2016

Turns out that sweetened offer was enough to do the trick, as Monsanto has accepted Bayer’s overtures in yet another agribusiness merger (a roughly $66 billion deal) that is leaving more than a few farmers uneasy – NYTimes Breakingviews, ever the pragmatist, questions the value of the merger – NYTimes The SEC’s getting set to … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | July 14, 2016

The German bund broke new ground yesterday by going negative—the first 10-year debt offering in the Eurozone to do so—and still going like gangbusters.  Germany sold $5.3 billion in the bonds – NYTimes and WSJ Streetwise says these negative yields can’t sustain themselves and are a harbinger of the “final stages” of the “biggest bond … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | April 25, 2016

This weekend’s Fair Game pulled out the old slide rule and got mathy on us, looking at the proliferation of companies these days reporting results “not based on generally accepted accounting principles” in an effort to “steer investors instead to massaged calculations that produce a better outcome.”  How massaged? Try turning losses into profits, often … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | November 2, 2015

In the past weeks, we’ve previewed the Fed’s proposal for solving the “too big to fail” problem and the impact that its total loss-absorbing capacity requirements will have on the country’s 8-largest banks. On Friday, the Fed made it official, rolling out its long-anticipated bail-in plan – NYTimes One bright spot amidst a recent series … Continue reading