Financial Markets

Random musings on global financial markets, technology, physics and geopolitics

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Entries from September 2008

1999 : Fannie Mae Eases Credit To Aid Mortgage Lending

September 30th, 2008 · 2 Comments · Markets

A worthwhile lookback . . . .   Copyright 2008 The New York Times Company  September 30, 1999 Fannie Mae Eases Credit To Aid Mortgage Lending By STEVEN A. HOLMES In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans […]

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Emergency Economic Stabilization Act of 2008

September 28th, 2008 · No Comments · Markets

  http://www.house.gov/apps/list/press/financialsvcs_dem/ayo08c04_xml.pdf

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US Defense Secretary Robert M. Gates . . a worthwhile read

September 28th, 2008 · No Comments · Geopolitics

A good global perspective from US Secretary of Defense Robert M. Gates : U.S. Department of Defense Office of the Assistant Secretary of Defense (Public Affairs) Speech On the Web:  http://www.defenselink.mil/speeches/speech.aspx?speechid=1275 Media contact: +1 (703) 697-5131/697-5132   Public contact: http://www.defenselink.mil/faq/comment.html or +1 (703) 428-0711 +1 Oxford Analytica (United Kingdom) As Delivered by Secretary of Defense […]

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US Securities Markets – Last 2 weeks

September 28th, 2008 · No Comments · Markets

A volatile week . . . with Congress working on the Pualson Plan, expected to be completed Sunday September 28, 2008. Stay tuned for more continued volatility.

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US Securities Markets – Fri 26 Sep

September 28th, 2008 · No Comments · Markets

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Financial ETF – SPYDRS XLF

September 16th, 2008 · No Comments · Markets

Banks etc in the S&P500 causing the major decline in the market; in addition, the major selloff in commodities has caused the whole S&P500 energy sector, XLE, to decline too !

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US Securities Markets – Tue 16 Sep

September 16th, 2008 · No Comments · Markets

Yesterday LEH filed for bankruptcy and Merrill merged with BofA; today AIG is still looking for liquidity. Markets are on edge . . . and very volatile.

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US Securities Markets – Mon 15 Sep

September 16th, 2008 · No Comments · Markets

A large gapdown in the S&P Futures on Sunday, led to a rally in the morning and a steep sell-off in the afternoon.

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US Securities Markets – Mon 8 Sep

September 8th, 2008 · No Comments · Markets

Large gap UP on the open . . . .  lots of selling into the gap. Overall Sec Hank Paulson did a superb job.

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Treasury and Federal Housing Finance Agency Action to Protect Financial Markets and Taxpayers

September 7th, 2008 · No Comments · Markets

As expected, Secretary Hank Paulson’s hosted a press conference at 11:00am Sunday September 7, 2008. Read about it below. I am glad we have a man of Hank Paulson’s calibre and experience leading us through a very, very difficult time in global financial markets.    The Treasury Department and the Federal Housing Finance Agency, with […]

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