Comments for São Paulo Value http://www.spvalue.com Finding Value in Latam Corporate Credit from Brazil http://www.spvalue.com Tue, 20 Jul 2010 22:28:39 +0000 hourly 1 http://wordpress.org/?v=3.3 Comment on About the Author by Art http://www.spvalue.com/about/#comment-3 Art Tue, 20 Jul 2010 22:28:39 +0000 http://www.artokeefe.com/wordpress/?page_id=2#comment-3 Those comments were posted a while ago... I need to get up to speed as I have been traveling and then working on some other projects. Finally ported the blog over to wordpress and now will dive back into the markets. Right now the EUR is rallying on realization that recovery in the US will be slow (at best). Also the stress tests are helping restore confidence. Perhaps the thinking is that the stress tests will show the banks aren't in such bad shape that they can go out and raise capital much as the US banks did. As a result people are feeling better about holding EUR. We'll see. The second half is going to be interesting. Earnings season looks like it will be strongish - maybe the last hurrah before stimulus wears off and implicit and explicit tax increases kick in. Additionally the conditions of the states could cause some surprises. Layoffs are probable and some defaults entirely possible. Art Those comments were posted a while ago… I need to get up to speed as I have been traveling and then working on some other projects. Finally ported the blog over to wordpress and now will dive back into the markets. Right now the EUR is rallying on realization that recovery in the US will be slow (at best). Also the stress tests are helping restore confidence. Perhaps the thinking is that the stress tests will show the banks aren’t in such bad shape that they can go out and raise capital much as the US banks did. As a result people are feeling better about holding EUR.

We’ll see. The second half is going to be interesting. Earnings season looks like it will be strongish – maybe the last hurrah before stimulus wears off and implicit and explicit tax increases kick in. Additionally the conditions of the states could cause some surprises. Layoffs are probable and some defaults entirely possible.

Art

]]> Comment on About the Author by Brian Murphy http://www.spvalue.com/about/#comment-2 Brian Murphy Tue, 20 Jul 2010 21:36:42 +0000 http://www.artokeefe.com/wordpress/?page_id=2#comment-2 Hi, Interesting comment on EUR . . .EUR goes down, $ goes up, US assets go up . . . not sure it helps the stocks, so many have been clobbered due to exposure to EUR . . . hmmm, will have to think about this . . . just seems like everything is shaky . . Hi, Interesting comment on EUR . . .EUR goes down, $ goes up, US assets go up . . . not sure it helps the stocks, so many have been clobbered due to exposure to EUR . . . hmmm, will have to think about this . . . just seems like everything is shaky . .

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