HSBC Reports Mixed Results; Continued Cost Reductions Remain Surest Near-Term Lever
HSBC reported mixed fourth-quarter results, in our view, but we plan to largely maintain our forecasts while our $40/GBX 610/HKD $62 fair value...
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U.S. Asset Managers Still Facing a Difficult Future
Since the presidential election, the prospects of easing regulation and lower corporate taxes have lifted the shares of the U.S.-based asset...
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Money Matters: US Inflation & The Fed
US Consumer Price Inflation released today surprised to the upside. Core CPI at 2.3% is comfortably above the Fed's inflation target of 2%. As...
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HSBC Results May Be Gruesome
HSBC Holdings Plc (5 HK) will see its share of worsening exposures in oil & gas, commodities, energy and shipping. With de-risking all the...
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Money Matters: I Mera Tis Marmotas
On my Latin key board "I Mera Tis Marmotas" is the closest I can get to the Greek for groundhog day. Traditionally celebrated at the start of...
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