Tag: Marios

US 10-year T-Bill yield returns to 3% after five years. ECB announces no change in monetary policy.

Posted on by Marios - Admin

The US 10-year T-Bill has finally returned to 3% today, after years of offering returns between 1.5% and 2%. The 3% was hit about seven months after the #FED’s ending of its QE program last September. #ES and #IT yields have gone down over the last year. Both countries have benefitted from “Planet ECB’s” bond Read more about US 10-year T-Bill yield returns to 3% after five years. ECB announces no change in monetary policy.[…]

Something’s Gotta Give #4: Clean exit

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I listened to Greek Prime Minister Alexis Tsipras on Tuesday, speaking at the Regional Development Conference for the South Aegean. He once again referred to Greece’s need for “[…]a clean exit[…]” from its third (and hopefully? last?) economic adjustment program, set to conclude on 20 August 2018. Those of you who have been following my Read more about Something’s Gotta Give #4: Clean exit[…]

Long Story Short #4: The afterburner

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Fighter aircraft pilots know full well the dangers associated with the use of their afterburner. Some company executives however, seem to be completely oblivious to the fact that even though their airplane keeps flying towards its destination, it is actually just gliding, affected by the laws of inertia, as fuel has long before run out. Read more about Long Story Short #4: The afterburner[…]

Back To The Drawing Board #3: The invisible hand

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The higher someone goes up the ladder, the more time they need to have available to think. To the extent that advisors are working with the mid plus level personnel of a company, their work pattern should reflect that of management. Yet many self-proclaimed advisors, both from the accountancy, as well as other fields of Read more about Back To The Drawing Board #3: The invisible hand[…]

Monthly Focus Point: Mar18-Apr18

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29 March 2018 saw the beginning of the Musée du Louvre’s exhibition of the paintings of Eugène Delacroix. It is the first full exhibition of Delacroix’s works in Paris in more than 50 years, the last one having taken place in 1963 – 100 years from his death. Delacroix is widely considered to be one Read more about Monthly Focus Point: Mar18-Apr18[…]

CEOs of Cypriot systemic banks list challenges for banking sector

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Just attended the event featuring the CEOs of the three systemic Cypriot banks at the University Of Cyprus. I was a bit (unpleasantly) surprised by the fact that I was the only attendee to ask something not related to the management of NPLs. NPL management is merely the result of past bad lending practices, which Read more about CEOs of Cypriot systemic banks list challenges for banking sector[…]

Something’s Gotta Give #3: A procrastinator’s best friend

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I remember attending a workshop organized by one of those “inspirational” speakers/coaches/messiahs/whatever you want to call them. I was never convinced of the value these individuals offer, but the workshop was sponsored and I went with a friend. So at worst, I would lose my time but get a chance to do some networking, at Read more about Something’s Gotta Give #3: A procrastinator’s best friend[…]

European purchasing power, March 2018

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Great map created by GFK, showing the purchasing power in various regions of #Europe. Apart from the evident East-West and North-South discrepancies, other points of interest to note are: East-West discrepancy in Germany (#DE) is still very much real; So is the infamous gap between Italy’s (#IT) north and south; Catalonia and rest of Spain Read more about European purchasing power, March 2018[…]

Long Story Short #3: Uncommon sense

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…I also have a 6th point for you (yes, I am so generous that I provide 20% more than promised, without even being asked to): If almost 60% (my estimate) of all electrical and electronic equipment and appliances imported to Cyprus come from Greece (where they use bipolar sockets) why on Earth do we continue Read more about Long Story Short #3: Uncommon sense[…]