presidentelect obama soon may be forced toa address agricultural policy issues even though the topic was not high on his campaign agenda.
agricultural policy is one of the least likely candidates for the change agenda that presidentelect barack obama has promised to implement says oxford analytica. the 2008 farm bill extends well beyond obamas first term and h...... [Show More]
there seems to be a consensus that credit cards will be the next shoe to drop in the financial crisis and moodys investors service found plenty of evidence pointing in that direction in its latest report on the sector.
issuance of assetbacked securities linked to consumer credit cards ground to a halt in september after holding up fairly well in the first nine months of 2008. moodys does...... [Show More]
creditsights reports a dramatic rise in the number of delinquent alta borrowers over the past three months and anticipates a further increase in delinquencies in these notquite prime mortgages by the end of this year.
according to creditsights alta residential mortgagebacked securities sample
the 2007rmbs experienced their largest threemonth rises in...... [Show More]
litigation from private lawsuits is unlikely to increase appreciably after presidentelect barack obama takes office according to oxford analytica.
democratic party control of both the executive and legislative branches of government is usually associated with a major expansion of regulation by litigation which benefits a core democratic constituency the plaintiffs ba...... [Show More]
citigroup nyse c captured the zeitgeist in a dramatic but unflattering way this week as its stock price was slashed in half. it is interesting to look back almost exactly a year ago to the ret irement8 221 of then ceo chuck prince and the analysis at that time of what the future held for the bank.a one hot topic on research recap was whether citigroup was too large and shoul...... [Show More]
the canadian economy is on the precipice of a recession or a long period of stagnation according to standard poors but the countrys banks appear betterprepared to weather the downturn than their counterparts in the u.s. and europe.
the canadian government gets high marks for reacting quickly to worsening credit conditions s p said and for facilitating greater financial market liqu...... [Show More]
litigation risk from private lawsuits is unlikely to increase appreciably after presidentelect obama assumes office according to oxford analytica.
democratic party control of both the executive and legislative branches of government is usually associated with a major expansion of regulation by litigation which benefits a core democratic constituency the plaintiffs ba...... [Show More]
the balance in supply and demand that is currently helping to support us commercial real estate prices is expected to give way to decreasing demand over the next several months leading to lower rents and higher vacancies says moodys investors service in a new report.
the weakened conditions are likely to put downward rating pressure on the ratings of some commercial real estate mor...... [Show More]
research recap submits
fitch ratings expects that the 2008 holiday season will be extremely challenging for retailers and could be the weakest season over the past two decades. real retail sales turned negative in the back to school period for the first time since 2001 and are expected to remain negative for the balance of 2008. this is particularly significant for the department stores .... [Show More]
its hard to believe that just a few months ago the main worry in the forest products industry was how to pass along soaring commodity costs.
today the greatest concern is how demand for paper and packaging will hold up as the u.s. economy sinks deeper into recession asaid standard poors in a report this week.
a fall in demand appears to have already begun with recent shipments for ...... [Show More]
structured financial products linked to homebuilding and real estate continued to suffer more downgrades than upgrades in the third quarter and the outlook remains dim according to a standard poors quarterly report on rated global structured securities.
both areas could experience additional stress if housing demand is further constrained by a deeper more protracted recession andor conti...... [Show More]
aggregate profits ofa sp 500 companies may decline 15 in 2009 after dropping an estimated 1214 this year according to oxford analytica. this is in stark contrast to consensus wall street expectations of a profit gain of 17 next year after a drop of 6 this year. oxan believes current consensus estimates are far too optimistic given the weak global economic outlook.
...... [Show More]
is all the global gloom and doom getting you down moodys investors service has an upbeat report on chinese life insurers who entered 2008 with record high profits and whose exposure to the subprime mortgage crisis is limited.
chinese insurers..are in a relatively good position versus their foreign counterparts because their exposures to structured fixed income investments and foreign secur...... [Show More]
pardon the cliche but a nearly perfect storm of negative influences is lashing the asiapacific shipping sector and the outlook is decidedly dismal according to moodys investors service in a new report on the industry.
falling commodity prices a global credit crunch and major economies in recession all are putting a squeeze on freight rates and profit margins.
moodys believes that su...... [Show More]
anyone watching the performance of japanese banks and brokerages lately probably wasnt surprised byajapans official declaration of a recession monday following the release of negative third quarter gdp figures.
exposure to the global credit crisis has hit the credit and equity performance of japanese banks and brokerages hard andaa government economic minister warned the economic ...... [Show More]
u.s. homebuilders have been hit hard in the credit crisis and their bonds have suffered downgrades but because of strong covenants investors in the sector actually enjoy greater protections than bondholders in other north american industries said moodys investors service in a special comment.
homebuilder bonds show superior protection because the trend toward issuing cov enantlite ...... [Show More]
european corporate default rates are expected to rise as europe middle east and african banks ration scarce capital to all but the highest quality corporate credits said fitch ratings in a special report.
unlike during previous periods of corporate downturns this time the bank environment is not readily able to step in to allocate capital.
fitch estimates that emea banks have some eur3 tril...... [Show More]
fitch ratings says the high degree of support extended by the us government to aig nyse aig has removed the risk of adverse rating action on global structured finance transactions where aig or one of its subsidiaries is a counterparty.
fitch affirmed aigs issuer default rating idr at a on 10 november 2008 among other rating affirmations and removed i...... [Show More]
rising unemployment is pushing up delinquencies in us subprime mortgages at an ala rming822 1 rate according to creditsights.
the latest numbers from our subprime rmbs sample show a huge jump in delinquencies in the past two months creditsights says in a new report subprime pool performance update delinquencies rocket as unemployment rises. all three of the v...... [Show More]
u.s. subprime residential mortgagebacked securities or rmbs originally rated aaa and issued from mid2005 through mid2007 will see much smaller writedowns than the 180 billion projected for the underlying mortgages said standard poors ratingsxpress credit research.
as a result while rmbs investors will see significant losses an estimated 85 billion that is far le...... [Show More]
research recap submits
commercial mortgagebacked securities cmbs or bonds backed by a pool of commercial retail properties are under close scrutiny for possible downgrades as u.s. retailers see their sales nosedive according to standard poors credit research. so far store closings and bankruptcies such as circuit city stores cc have not resulted in widespread ret...... [Show More]
presidentelect barack obamas proposed healthcare policy would provide coverage to twothirds of americas uninsured at an estimated 2009 cost of 75 billion and may not deliver meaningful savings for families for a decade or more according to a pricewater housecoope rs health research institute study.
presidentelect obamas proposals could lead to lower margins for providers pharmace...... [Show More]
state and local government pension fund losses upwards of 35 percent so far in 2008 will likely trigger increased funding requirements in the next few years said moodys investors service in a special comment this week.
but the ratings agency sees little nearterm impact on the credit ratingsaof public issuers as a result of pension losses.
as is often the case in the downside of the...... [Show More]
Feeds and posts are not affliated with ://URLFAN. They are displayed here simply for informational purposes, if you would like to remove your feed please contact us.
Bloggers mention this site on average every 13 hours.
E-mail me
Feed subscribe
Is this your website? Activate our 
