Description: Sex, money, betrayal: The bizarre brawl between American Apparel Inc. and its founder, Dov Charney, has all that and more. But now this tabloid tale is coming down to a seemingly staid bit of finance: the bonds. Source: Bloomberg.com – video report Date: Oct 05, 2015 Link: http://www.bloomberg.com/news/articles/2015-10-05/sex-betrayal-and-bond-traders-the-fall-of-american-apparel Questions for Discussions: What caused the… Read more »
Posts Tagged: Debt
Bond Rout Wipes Out 2015 Gains as Traders Stay Glued to Screens
Description: The global bond market selloff has erased all of this year’s gains as historic market moves from Germany to the U.S. and Japan whipsaw traders. After being up as much as 2.3 percent as of mid-April, the Bank of America Merrill Lynch Global Broad Market Index of bonds with a total face value of… Read more »
What to Make of the Topsy-Turvy Bond Market
Description: If you happen to trade bonds for a living, it is entirely understandable if you are feeling a little anxious these days. Source: NYTimes.com Date: May 21, 2015 Link: http://www.nytimes.com/2015/05/21/upshot/what-to-make-of-the-topsy-turvy-bond-market.html?abt=0002&abg=0 Questions for Discussions: What is happening in the bond market these days, according to the report? Do you agree with this analysis?
George Soros May Face a Monster Tax Bill
Description: George Soros likes to say the rich should pay more taxes. A substantial part of his wealth, though, comes from delaying them. Source: Bloomberg.com Date: April 30, 2015 Link: http://www.bloomberg.com/news/articles/2015-04-30/george-soros-s-tax-bill Questions for Discussions: How has George Soros benefited financially from the tax code? Do you think it is unethical to allow this sort of… Read more »
Greek Bonds Jump Most in 9 Months on Steps to Bailout Compromise
Description: Greece’s government bonds rallied, with three-year yields dropping the most since the securities were sold in July, on optimism the nation may be moving toward a strategy that would help unlock funding and avert a default. Source: Bloomberg.com Date: April 27, 2015 Link: http://www.bloomberg.com/news/articles/2015-04-27/germany-s-bonds-climb-as-greek-funding-impasse-spurs-haven-bid Questions for Discussions: How are Greek bonds performing? What are… Read more »
Party City’s biggest holiday is…
Description: No, it’s not the Christmas season. The company’s CEO tells CNNMoney what holidays Party City makes the most money from. Source: CNNMoney.com – video report Date: April 16, 2015 Link: http://money.cnn.com/video/investing/2015/04/16/party-city-ipo.cnnmoney/ Questions for Discussions: Do you consider this company a good buy? How does the company generate revenues? Evaluate the risk for investors in… Read more »
Banks and bonds
Description: David Rosenberg, chief economist at Gluskin Sheff and Associates, explains why banks might be investing in U.S. bonds Source: CBC.ca – video report Date: Feb 23, 2015 Link: http://www.cbc.ca/player/News/ID/2655447343/ Questions for Discussions: What does David Rosenberg suggest is happening in global markets today? Why would U.S. bonds be attractive to banks?
Markets tumble as Greek government begins to backtrack on austerity
Description: Greek borrowing costs jump and markets tumble as Alexis Tsipras, Greece’s new prime minister, vows never to blindly submit to European creditors and government blocks sale of state assets Source: Telegraph.co.uk Date: Jan 28, 2015 Link: http://www.telegraph.co.uk/finance/economics/11374258/Markets-tumble-as-Greek-government-begins-to-backtrack-on-austerity.html Questions for Discussions: Why did the Greek stock market drop off so dramatically? What are the concerns… Read more »
Currency trading isn’t for amateurs
Description: There should be a sign hanging outside the foreign-exchange market that reads: Amateurs need not apply. Source: CNNMoney.com Date: Jan 21, 2015 Link: http://money.cnn.com/2015/01/21/investing/fxcm-swiss-currency-trading/index.html?iid=HP_River Questions for discussion: Why is currency trading so risky, according to the report? Why does it attract traders?
Druckenmiller Alums at PointState Make $1 Billion on Oil
Description: Hedge fund manager Zach Schreiber stood on stage at Avery Fisher Hall in New York eight months ago and made a bold prediction. Source: Bloomberg.com Date: Jan 21, 2015 Link: http://www.bloomberg.com/news/2015-01-20/druckenmiller-alums-at-pointstate-make-1-billion-on-oil.html Questions for discussion: What was the basis for shorting oil? How should investors view oil today?
