Great data on sovereign default history recently compiled and published by the Bank of Canada http://www.bankofcanada.ca/2014/02/technical-report-101/ courtesy of David Beers: Read all...
Credit to Pascal Bouvier for highlighting this piece by Annamaria Andriotis, published 7/26/16 in the WSJ, on the re-emergence of near prime. To paraphrase her gist: Subprime consumer lending has re-emerged, with a new name to conceal the risk. But her gist doesn't jibe with the facts. Near prime, Alt-A are well established consumer ABS terms of art. Near prime dates back to the early 1990s,...
http://v.ifeng.com/news/finance/201510/01facbfc-a841-4187-bfd0-054f9e73b779.shtml...
Relativity Media's descent into bankruptcy has been spiraling for many years, almost since its beginning according to some analysts. When the company first emerged back in 2004, it was greeted with a mixture of high hope and deep doubt. Relativity promised new approaches and a vague claim to modern...
ABSTRACT: Sylvain Raynes experimented with a method developed by Goya and Boyarski (1993) to standardize the synthesis of conditional Markov transition matrices for deal entry in our automated re-rating system, ABSTRAK®. In the analytical literature, the reverse-engineering of a Markov matrix from its spectral-radius eigenvector is referred to as the Inverse Perron-Frobenius...
As the summer begins to play like an impending sequel to 2008, the Chinese stock market has taken a bearish turn. Last Spring, the CNN Money report was so bullish, all eyes were focused on the Beijing miracle. Now, the Asian and Chinese markets have taken...
ZIP 47: Ann Rutledge – Activism & Alternative Credit Rating Movement Audio Link...