Greenspan

So what happened at the end of February; China, Greenspan, subprime?

February 28th, 2007|by Michael Ashley Schulman, Perspectives, The Big Picture, Writers|

So what happened at the end of February; China, Greenspan, subprime? Volatility, not seen since May and June 2006, hit the equity, commodity, and bond markets at the end of the month.

  • The Chinese equity markets fell a precipitous 9% on February 27
  • Alan Greenspan, at a Hong Kong conference, speculated a US recession in 2007
  • Investors feared […]

Welcome to 2006

January 31st, 2006|by Michael Ashley Schulman, Greg Pellizzon, Perspectives, The Big Picture, Writers|

Welcome to 2006! January was a good month for most markets.

Several waves are propping a general tide of positive sentiment:

  • Market Optimism over the swearing in of Bernanke as the new Fed chief on February 1
  • Positive corporate earnings reports

Simultaneously, however, investor optimism is being tempered by:

  • Weak fourth-quarter GDP growth of 1.1%
  • Thought that the cumulative impact […]