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September 24, 2011

U.S. Debt markets in tissy, financiers differ.

American investment banking firms are facing headwinds on financing commitments for buy-outs and other deals struck before the recent market chaos, as they sell down about $25bn in loans and high yield (read: junk) bonds. Banks have had to make concessions to attract a broader range of investors to purchase loans linked to mergers and acquisitions, including offering mark-downs, amid mounting concerns about the US (and global) economy at large. (...) click here to Read On.

Market analysis for the coming week.

Waiting for sign from Politicians: Markets will be hard pressed to turn the tide of recent negative bias next week as political theatrics over raising the United States’ debt ceiling intensifies. Benchmark Index S&P 500 index recorded its worst weekly loss in five weeks. Investors are frustrated by the lack of any progress in the debate between the Democrat-controlled White House and Senate and the Republican-majority House. Investors worried about the one upping political theater are more and more selling volatile assets, getting out of risky trades and are moving into what are perceived as safer assets, such as cash.

Earnings Season in full force: While the war of words over the debt ceiling raise takes center stage, earnings season is sure to heat up the market after this solid first week. 39 companies in the benchmark S&P 500 index .SPX have posted results, with 74 percent reporting earnings that topped (...) click here to Read On.