Do The Corner’s readers feel in need of some optimistic note? Here you are, thanks to JP Morgan: although up until next Friday the volatility in the S&P 500 may increase due to the fact that on that day $385bn in options reach maturity, JP Morgan has published an analysis of the effect known as end of year. Smile. It looks at the historical performance, since 1920, of the market…
Do The Corner’s readers feel in need of some optimistic note? Here you are, thanks to JP Morgan: although up until next Friday the volatility in the S&P 500 may increase due to the fact that on that day $385bn in options reach maturity, JP Morgan has published an analysis of the effect known as end of year. Smile. It looks at the historical performance, since 1920, of the market…
The economic papers in Spain published on Tuesday the seven Dutch proposals to create an EU commissioner to oversee and intervene in the euro zone budget. This official would have the right to expel members who refuse to meet budget requirements. “It is certainly an interesting idea that Germany supports,” said Chancellor Angela Merkel a few weeks ago. On Monday, in the federal congress of the CDU, the Chancellor again…
Berlusconi’s resignation and Mario Monti’s designation have had an unenthusiastic impact on the European stocks, Barclays notes. “A positive welcome at the beginning has been followed by a general fall of all indexes, including Milan which had increased about 25 early yesterday in the morning. The political change did not help the 5-year bond auction either, because the Italian Treasure issued €3bn at 6.29%, the highest rate since 1997. After…
Berlusconi’s resignation and Mario Monti’s designation have had an unenthusiastic impact on the European stocks, Barclays notes. “A positive welcome at the beginning has been followed by a general fall of all indexes, including Milan which had increased about 25 early yesterday in the morning. The political change did not help the 5-year bond auction either, because the Italian Treasure issued €3bn at 6.29%, the highest rate since 1997. After…
The Spanish finance newspaper Expansión reviewed in its Monday’s edition some of the Ibex 35’s ‘blue chips’. The leading companies of the index have fallen 25% on average since early 2007, more than their European counterparts. Investment advisers claim many big funds have removed them from their portfolios due to the peripheral tensions, but their managers have not taken into account that Spain’s ‘blue chips’ stand out against their competitors because…
The Spanish finance newspaper Expansión reviewed in its Monday’s edition some of the Ibex 35’s ‘blue chips’. The leading companies of the index have fallen 25% on average since early 2007, more than their European counterparts. Investment advisers claim many big funds have removed them from their portfolios due to the peripheral tensions, but their managers have not taken into account that Spain’s ‘blue chips’ stand out against their competitors because…
The business daily Cinco Dias today devotes an article to Santander UK’s CEO Ana Patricia Botín: the difficulties she faces, as well as the achievements and the respect she has earned in the City since she arrived to London a year ago with the intention of turning Santander UK into the most profitable entity in the United Kingdom, and ultimately after her father decides to retire, her taking over the largest bank…
A curated selection of links we hope can enlighten us all; some come from our corner, some do from other corners of the net. And as always, our comment widgets are anxious to get your suggestions: Humor: The Daily Telegraph on James Murdoch The Inequality Map Occupy Wall Street according to The Economist What if cancelling all university fees only favoured the privileged? Seven books for financial advisers and their clients The…