Tag: Bank of england
Lloyd’s (LLOY) to takeover HBOS (HBOS)
Published on September 18, 2008
“The deal’s being described as a private sector solution – but this could never have happened without government backing, for reasons we’ll go into in a moment.” — John Stepek
Blogger’s note: You may not have noticed, but two of the Big Five banks in the UK just agreed to a merger.
The news [...]
Has Real Estate Hit Bottom?
Published on July 28, 2008
“Could we be on the verge of a turnaround? The weekend press was full of the news that some mortgage lenders are actually starting to trim rates. A few commentators even suggested that it was nearly time to go bargain hunting.” — John Stepek
Blogger’s note: The real estate [...]
Will George Soros Break the Bank of England Again?
Published on June 6, 2008
“He’s back and guess what he’s betting against once again? The British pound.” — Sean Hyman
by Sean Hyman
Baltimore – (TFN): Remember George Soros, you know… the billionaire who got his “celebrity status” by betting against the British pound?
Well he’s back and guess what he’s betting against once again? The British [...]
Hyperinflation: Bernanke needs a dose of Volcker
Published on May 16, 2008
“There has not been a chairman of the Federal Reserve Board with sound monetary instincts since Paul Volcker resigned in 1987.” — Lord William Rees-Mogg
by Lord William Rees-Mogg
Baltimore — (TFN): The American electoral system has never been designed to protect sound finance, and it has become more dangerous as the federal government and the Federal [...]
UK Credit Crunch: Our latest TFN Video and Audio Podcast is now online!
Published on April 29, 2008
Baltimore — (TFN): The podcast for our latest TFN 60-Second Buzz video, featuring guest expert Ian Cooper, can now be downloaded to your iTunes or PodcastAlley.com accounts.
How to profit from the falling pound sterling: Buy put options on FXB
Published on April 29, 2008
by Ian Cooper
Baltimore — (TFN): We’ve all heard about the severity of the UK economic situation. But that’s what you get when you’re dealt a severe credit crunch, a crippled housing market, and a cutback in consumer spending.
It was November 2007 when the Bank of England’s chief economist warned that the effect of the credit [...]
Foreign Investment: Should HBoS follow Royal Bank of Scotland’s lead?
Published on April 28, 2008
“That’s a huge amount of money. It’s so large that it’s tough to get a handle on just how much money it is. Let’s just say that if a company with a market capitalization of £12bn was added to the FTSE 100 this morning, it’d slot in somewhere around [...]
Credit Crunch: Profits from the falling pound
Published on April 28, 2008
Foreign Investment: Bank of England solves the UK banking crisis?
Published on April 24, 2008
“Mr. King has attached enough conditions to these loans to make the risk to the taxpayer much smaller than it might have been. He’s also helped to make life easier for banks with genuine liquidity problems. Problems with actual solvency are quite another matter however.” — John [...]
Gordon Brown is destroying the pound
Published on February 11, 2008
"The pound also plunged against the dollar, despite clear implications that UK interest rates will remain well above those in the US for a long time to come. So what’s going on?" — John Stepek
by John Stepek, MoneyWeek
Baltimore and London (TFN) —It seems the Bank of England just can’t please anyone.
It cut interest rates [...]
Global Credit Crunch: Why the Fed is making it worse
Published on December 26, 2007
"The feds try to artificially increase the supply of cash and credit… so as to avoid correcting mistakes." — Bill Bonner.
Blogger's Note: Our friend Bill Bonner of The Daily Reckoning published a good article on the current credit crisis. Bill has some interesting things to say about the U.S. market situation and the [...]
Currency Trading: An easy way to profit from rate differentials
Published on November 21, 2007
“An interesting way to play lighter, maintain something called currency shares. This is an ETF where they did you the favor of going and buying up British pounds. They’re storing them at JPMorgan in London, all right, and then they divvy it up and sell shares here in the U.S. market. You can hope to [...]
New Personal Finance Video: Leveraging the currency market for safe profits
Published on November 17, 2007
Today’sFinancialNews.com
Baltimore — (TFN): The Fed’s recent cut has increased the interest rate differential between the US dollar and other currencies. Smart Trading Action Alert’s host Laura Cadden has invited Wavestrength technical chartist Adam Lass too provide perspective just how low the dollar may fall… and how smart investors can leverage the differential between interest rates [...]
Interest Rates and Inflation: Damned if you do, damned if you don’t
Published on November 15, 2007
“According to Bank of England governor King, inflation isn’t such a big threat after all. In fact, he seems to think that interest rates could be cut comfortably from 5.75% to 5% without letting inflation get out of control. Based on those comments, most experts think cuts will come in the New Year.” — Jody [...]