LEADERS

International LEADERS Calling Market Crashes Years Ahead
Second to None, Anywhere...

'Warned 2000 tech slide; predicted 2008 meltdown in 2007. Forecasted 2020 global economic collapse in 2011, AND NOW- BY 2050 - THE MOTHER OF ALL CRASHES"

THE #FUTURE #OUTLOOKS - KEY AREAS OF #CONCERN AND #RISK

  Economic and Markets 2023 Outlook WARNING  What Worked for the Past Decades Will Not For The Next WHAT'S COMING - GLOBAL RECESSION? DE...

GLOBAL MARKETS


Live World Indices are powered by Investing.com

Champion, Lead, Inspire

Search This Blog

GREAT BARGAINS; FUN IDEAS

Wednesday, 29 April 2015

BAD #IRISH SIGNALS - Nutty Bonds Selling Like Crazy

Even Ireland’s weakest bank can raise money in bond market




The first Irish lender to sell Europe’s riskiest type of bank bond is also the nation’s weakest.
Permanent TSB, which failed European financial stress tests last year, is selling €125 million of so-called additional Tier 1, or AT1, bonds this week.


The undated securities convert into shares should capital drop below a certain threshold and carry coupons that issuers can just decide not to pay.
The sale will nonetheless “will go down extraordinary well,” said Liam Dunne, a fixed-income trader at Merrion Capital in Dublin. “The world has changed. There is huge demand for Irish assets at the moment.” Read More.

Do You Think This Guy Knows Something?

INVESTORS' INSIGHTS  - " Today's Edge

Any time Big Bankers come up with quasi debt/equity gimmicks you know one thing is certain-- there are HUGE underlying problems that they are looking to disguise. That means this is a key signal there  is turmoil ahead -  being on the short side of these securities makes much more sense.

All in all , we would  stay away from these marginal Banks anywhere in the World, but particularly the PIGS' afilliatates.


 There is a BIG Bubble out there that could spell utter disaster for these laggards.


International Offices
April 29,2015 

Popular Posts All Time

Learn, win achieve