Hints and tips:
Related Special Reports
...Elsewhere on Thursday… — Your AI girlfriend is a data-harvesting horror show (Gizmodo) — A structural alpha opportunity (GMO) — How the wrong side won at Boeing (Back of Mind, pitiful excuses here) —...
...Fink, who has become a punchbag for “anti-woke” Republicans in recent years, wrote in a LinkedIn post yesterday that the references were a “sad commentary on the state of American politics”....
...More than a year ago, one of the three big buyers of MBS — the US Federal Reserve — began a slow but steady withdrawal from the market, and it shows no sign of changing course....
...MBS, as he is widely known, who is the country’s prime minister and also chairs the wealth fund, said the transfer would “solidify PIF’s strong financial position and credit rating”....
...Sérgio Vale, chief economist at MB Associados, criticised a “poorly designed” fiscal policy reliant on increasing receipts — mainly through taxes, often subject to factors such as growth that were outside...
...The coating of the dial, meanwhile, and the finishing of the chiming mechanism are carried out by the same firms with which high-end maker MB&F collaborates in the making of its Legacy Machine watches, which...
...This crisis has already led to an unprecedented conversation between MBS and the president of Iran....
...Finally, when the MBS market first started taking off in the 1970s and 1980s it also needed a government quasi-guarantee in the form of backing from agencies like Fannie Mae and Freddie Mac....
...In any case, I’m not sure MBS reads PRWeek. WhatsApp to Stephen: How prepared do you consider your organisation for the AI era? (Marks out of five) This is a trap. We need to be humble here....
...Similarly, on March 15 the Fed said it would buy “at least” $500bn of Treasuries and $200bn of MBS, but chair Jay Powell later stressed that there was absolutely zero cap on what it was planning to do....
...I feel much more comfortable owning MBS after the recent inflation data. The Fed isn’t going to hike....
...rulemaking (NPR) leaves agency MBS generally untouched from a risk weighting perspective....
...Well, agency MBS is an especially popular choice! That’s because of the market’s low credit risk, and as a result, its favourable treatment by regulators....
...But banks are historically a big buyer of mortgage-backed securities. They’re not out of the woods yet — as shown by, and also because of, MBS prices....
...have a real but modest effect on short-term rates....
...The challenge for the FDIC will be maximising value from any sale, which comes at a tricky time for the MBS market....
...This came after a botched capital raise following its $1.8bn loss on the sale of a $21bn asset portfolio that included top-rated MBS — a deal that shone a spotlight on the fragile state of the mortgage world...
...“With the post-pandemic recovery having largely run its course and as the energy transition gathers pace, growth will slow to 1 mb/d in 2024,” it said....
...The problem is that with a lot of leverage, it might not take many days like Friday before their capital is toast? And then we could face a tsunami of MBS portfolios washing over the market....
...It’s worth noting that last year’s winner of the top prize at GPHG also had a UK flavour. It was awarded to Max Büsser for the MB&F Legacy Machine Sequential EVO....
...The board answers to a council chaired by MBS, noted the former investment banker, who answers to the king....
...Chronode has also created movements for high-end independent watch companies, including Hermès, MB&F and Harry Winston....
...Maximilian Büsser, founder of boutique Swiss brand MB&F, did something similar in 2001 when he set up the Opus project at Harry Winston Rare Timepieces (now known as Harry Winston)....
...Anticipation of the FDIC’s sales has already hit MBS prices....
...Top stories today Exclusive: ‘Snub’ claim over delayed MBS trip | Saudi Arabia shelved plans for Mohammed bin Salman to visit London in the past few days, according to UK officials, shortly before the crown...
International Edition