Articles by The Corner
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Ms Lagarde is right (even though the ECB would rather turn a blind eye)
By Miguel Navascués, in Madrid | There has always been tension between the IMF and those countries under its analysis over the numbers in the fund’s economic forecasts. But this time the battle between the IMF’s Ms Lagarde and the European authorities has been set over valuations of sovereign bonds held by the banks. According to Lagarde, were the bonds in the European banks’ portfolios to be valued at their current market price……
Ibex35: CaixaBank
We will analyze the financial situation of CaixaBank after its re-organization, its results, assessment and prospects to determine whether this is an interesting investment opportunity in the long-term. Company Description CaixaBank was founded after the re-organization of La Caixa business, approved on 24th February by both Criteria’s and Caixa’s boards. The process ended on July 1st with the disappearance of Criteria, which had been the holding of the subsidiary of…
The $100-trillion withdrawal from global stock markets
By J.L.M. Campuzano, in Madrid | After four gloomy weeks, we finally get to see a welcome development: cash is now paramount. In a macroeconomics scenario like the current one, the answer to the question “what will companies spend their high cash flow on?” seems clear: share buybacks. But this is a conclusion that is still to become obvious. Meanwhile, we should be concerned with the end investor’s money. It…