All GLG News Analyses Filed Under: Exchanges & Capital Markets

As the CME antes up a large bid for the NYMEX, outsiders wonder whether this merger could put the US Futures Markets in peril.  The mega exchange resulting from this merger would be very close to a monopoly.  The CME is not concerned over antitrust laws because it was successful in acquiring...

Asian real estate funds post losses : January 27 2008 23:00    Real estate securities funds investing in Asia swung into losses in the fourth quarter of 2007, extinguishing the last remaining bright spot for the global industry, according to data from AME Capital, a research outfit....

CME deal value is related not just to exchange growth but also the state of commodity prices. Nevertheless, CME is best placed to acquire CME for approximately 40 key reasons

CME is seeking to create a end to end solution for commodities.  It will be the number one provider of all commodity asset classes. NYMEX has risk going forward if volumes drop, and has not invested enough in technology to be a robust competitor going forward.

Not only Asia countries could benefit from US Crisis in terms of increasing investments possibilities....Latin American and the Caribbean could also get some attention as well.  

Fear of a U.S. recession has suddenly become serious, brought on by a continuing U.S. subprime mortgage crisis, falling home prices and a credit squeeze.  Fear of a global recession is founded on the size of the U.S. economy and the reliance of companies in countries which export to the U.S.  ...

The reduction in interest rates is going to have a negative impact on the existing mortgage portfolios due to adverse selection. The decrease in those seeking unemployment benefits is very misleading. The stimulus package is not going to help those in real trouble and will pay some bills for most.

Asia would be able to weather any recession in the United States, analysts say, because rising trade and investment within the region make it less dependent on the U.S. economy than in the past, and many Asia countries would find ways to step up infrastructure spending to help offset the negative impact...

The article presents the conventional view about the merits of a stimulus package to give a short-term boost to the economy.  The numbers have already been overtaken by events, as there has already been an extraordinary 75bp reduction in the FFR, and the Bush proposal is at least twice the number...

Federal Reserve Chairman Ben S. Bernanke himself does not believe the recent fiscal stimulus could revive an economic expansion. How could he? When he knows first hand his actions can only address the symptoms of an incurable malady. But, of course, no body is supposed to know this, especially...