{"id":71630,"date":"2009-12-08T18:09:21","date_gmt":"2009-12-08T23:09:21","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2009\/12\/08\/about-risk-euro-company-risk-fed-fund-futures-doyle-on-carry-trade-peak-oil-vs-cheap-oil-bair-on-abs-warren-on-middle-class\/"},"modified":"2009-12-08T18:09:21","modified_gmt":"2009-12-08T23:09:21","slug":"about-risk-euro-company-risk-fed-fund-futures-doyle-on-carry-trade-peak-oil-vs-cheap-oil-bair-on-abs-warren-on-middle-class","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/71630","title":{"rendered":"About Risk: Euro Company Risk, Fed Fund Futures, Doyle on Carry Trade, Peak Oil vs Cheap Oil, Bair on ABS, Warren on Middle Class"},"content":{"rendered":"<p><a href=\"http:\/\/billcoppedge.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"Bill-Coppedge\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/Bill-Coppedge14.jpg\" width=\"76\" height=\"112\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"original content selection by MortgageNewsClips.com\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/original-content-selection-by-MortgageNewsClips.com14.jpg\" width=\"328\" height=\"69\"><\/a> <\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/sandp11.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"sandp1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/sandp1_thumb1.gif\" width=\"135\" height=\"66\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/resrecap2.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"resrecap\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/resrecap_thumb2.gif\" width=\"120\" height=\"65\"><\/a><\/p>\n<p><strong>S&amp;P says up to 75 Western European companies could default on debt in 2010<\/strong> &#8211; &#8230;&nbsp; representing a default rate of between 8.7% and 11.1%, according to Standard &amp; Poor\u2019s Ratings Services.&nbsp; \u201c<strong>While the annual default rate is likely to have peaked at 13.1% in the third quarter of 2009, we expect it to continue to run at more than double its historic average throughout 2010,<\/strong> as the slow pace of economic recovery is likely to be insufficient to save many highly leveraged and poorly performing companies.\u201d &#8230; &#8211; <a href=\"http:\/\/www.researchrecap.com\/index.php\/2009\/12\/02\/sp-says-up-to-75-western-european-companies-could-default-on-debt-in-2010\/\">Research Recap<\/a><\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/article\/and-fed-fund-futures-awake\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"z1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/z1.jpg\" width=\"311\" height=\"205\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/zero-hedge1.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"zero-hedge\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/zero-hedge_thumb1.png\" width=\"188\" height=\"53\"><\/a> <\/p>\n<p><strong>And Fed Fund Futures Awake<\/strong> &#8211; Submitted by Tyler Durden &#8211; Major move in Fed Fund futures today, <strong>with the implied probability of a rate hike to 1.25% by November 2010 nearly doubling to 14% from 8.1%<\/strong> &#8211; <a href=\"http:\/\/www.zerohedge.com\/article\/and-fed-fund-futures-awake\">Zero Hedge<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/sense-on-cents.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"sense-on-cents\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/sense-on-cents_thumb.png\" width=\"171\" height=\"70\"><\/a> <\/p>\n<p><strong>Dollar Carry Trade Remains in Vogue<\/strong> &#8211; Posted by Larry Doyle &#8211; &#8230; What does all this mean? <strong>Lots of questions remain, including:<br \/>1. Will the cheap source of funding from a 0% Fed Funds rate continue?&nbsp; How long?<br \/>2. Will the Fed extend its quantitative easing program via its purchases of mortgage-backed securities beyond Q1 2010? How would the market react if it does not?<br \/>3. What happens to the train wreck that still encompasses our commercial real estate markets?<br \/>4. Will retail sales confirm the labor statistics reported today?<br \/>5. Will the markets begin to trade based on fundamentals instead of the technical support provided by the Fed and Treasury? Can Ben and Tim carefully let the air out of the bubble created over the last 8 months? &#8211;<\/strong> <a href=\"http:\/\/www.senseoncents.com\/2009\/12\/dollar-carry-trade-remains-in-vogue\/\">Sense on Cents Blog<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mjperry.blogspot.com\/2009\/12\/why-cheap-oil-is-here-to-stay-and-why.html\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"mpenergy1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/mpenergy1.jpg\" width=\"298\" height=\"265\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/carpe-diem1.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"carpe-diem\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/carpe-diem_thumb1.png\" width=\"194\" height=\"46\"><\/a> <\/p>\n<p><strong>counterpoint to peak oil &#8211; Cheap Oil is Here to Stay; Forget &#8220;Peak Oil,&#8221;<\/strong> We Now Have &#8220;Peak Demand,&#8221; We&#8217;ll Never Run Out &#8211; <a href=\"http:\/\/mjperry.blogspot.com\/2009\/12\/why-cheap-oil-is-here-to-stay-and-why.html\">Mark Perry Carpe Diem Blog<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<br \/><strong>Asset-Backed Bond Market Must Embrace Stricter Rules, Bair Says<\/strong> &#8211; By Dawn Kopecki &#8211; Federal Deposit Insurance Corp. Chairman Sheila Bair said the market for bonds backed by consumer debt won\u2019t be weaned from government assistance until banks embrace stiffer guidelines for issuing the securities.&nbsp; <strong>\u201cNobody has any confidence in the securities,\u201d Bair said<\/strong> &#8211; <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601103&amp;sid=a6vpQ_GS2J50\">Bloomberg<\/a> <br \/>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/www.huffingtonpost.com\/elizabeth-warren\/america-without-a-middle_b_377829.html\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"ew1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/ew1.jpg\" width=\"388\" height=\"255\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/huffington-post.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"huffington-post\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/huffington-post_thumb.png\" width=\"392\" height=\"40\"><\/a> <\/p>\n<p><strong><font color=\"#ff0000\">READ THIS: America Without a Middle Class<\/font> &#8211; Elizabeth Warren<\/strong> &#8211;&nbsp; <a href=\"http:\/\/www.huffingtonpost.com\/elizabeth-warren\/america-without-a-middle_b_377829.html\">Huffington Post<\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=TXdG34VfKVI:o9MUEjCoa0Y:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=TXdG34VfKVI:o9MUEjCoa0Y:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=TXdG34VfKVI:o9MUEjCoa0Y:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=TXdG34VfKVI:o9MUEjCoa0Y:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=TXdG34VfKVI:o9MUEjCoa0Y:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=TXdG34VfKVI:o9MUEjCoa0Y:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=TXdG34VfKVI:o9MUEjCoa0Y:V_sGLiPBpWU\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/mortgagenewsclips\/qTBe\/~4\/TXdG34VfKVI\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; S&amp;P says up to 75 Western European companies could default on debt in 2010 &#8211; &#8230;&nbsp; representing a default rate of between 8.7% and 11.1%, according to Standard &amp; Poor\u2019s Ratings Services.&nbsp; \u201cWhile the annual default rate is likely to have peaked at 13.1% in the third quarter of 2009, we expect it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-71630","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/71630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=71630"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/71630\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=71630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=71630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=71630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}