Documents tagged "EUROPE"
Found 85 documents with this tag
HOUSE_OVERSIGHT_026572.txt
The J.P. Morgan View discusses how US elections have affected asset allocation, economic outlooks, and market risks. They believe that the equity market has priced out a Romney win scenario and that medium-term equities and credit are still overweight despite volatility caused by the fiscal cliff negotiations. The focus is on EM Asia, Cyclical stocks, and US Home builders for overweights in equities. Fixed income should see yields head higher with an emphasis on spread compression trades. They recommend being long the dollar during fiscal cliff negotiations and remaining medium-term overweight both credit and equities against cash, government debt, and commodities, as they do not think an Obama victory changes economic outlooks or risks significantly.
HOUSE_OVERSIGHT_026547.txt
The document discusses a past conversation between the sender and the recipient about using a $166 million tax loss, which they decided was not worth pursuing at that time. The sender now believes there is an opportunity to accomplish their goals and would like to meet with the recipient to discuss the plan further. Additionally, the sender mentions two friends: one who gave a meaningful speech in Toronto and another who recently purchased a golf club in Ireland.
HOUSE_OVERSIGHT_026431.txt
The document discusses the infrastructure expertise of Edmond de Rothschild in Europe. The key topics include the need for higher yields on investment due to the amount of cash sitting on the sidelines and private-public partnerships being favored by President Trump. Pension funds are interested in matching maturities, while airports, assisted living facilities for baby boomers, and rail ports and roads also require funding. There is a niche market for alternate incarceration facilities. Ariane de Rothschild is mentioned as involved in the discussion.
HOUSE_OVERSIGHT_026188.txt
This is a series of emails between Jeffrey and another person discussing their plans to meet in New York. The conversation includes details about their travel schedules and intentions to see each other in both New York and Kuwait. They also mention the possibility of staying with Jeffrey's old man if they are unable to make it back to Europe on Monday.
HOUSE_OVERSIGHT_026069.txt
The document discusses Edmond de Rothschild's expertise in infrastructure investment and financing. The firm has a strong track record in European infrastructure with an outstanding reputation as one of the most recognized financial advisors to the sector. They have developed deep expertise by partnering with two experienced managers, TIIC for equity investments in transport and social infrastructure and BRIDGE for infrastructure debt. The document also mentions the issue of returns on investment and competition from pension funds that want to match maturities. The author suggests finding a niche to avoid competing with people that have trillions of dollars in credit needs.
HOUSE_OVERSIGHT_026064.txt
This document discusses the infrastructure expertise of Edmond de Rothschild and their involvement in senior and mezzanine debt funding that yields 8-10% per year with a kicker. It also mentions that there is a huge amount of cash sitting on the sidelines, Trump will want to do private public partnerships on most things, and Donald loves the Rothschild name. The document further discusses the involvement of Edmond de Rothschild in building and financing infrastructure in Europe and their partnership with TIIC and BRIDGE for equity and debt investments, respectively.
HOUSE_OVERSIGHT_026059.txt
This document discusses the infrastructure expertise of Edmond de Rothschild, a financial advisor in Europe with experience in building and financing such projects. The discussion focuses on returns on investment and mentions the potential for double-digit returns through private public partnerships. Two experienced managers, TIIC and BRIDGE, are also mentioned as having partnered with Edmond de Rothschild to build a strong franchise within infrastructure investments.
HOUSE_OVERSIGHT_025978.txt
The document discusses risk parity funds and the potential risks associated with them, specifically in relation to bond-equity correlation. It provides a scenario tool for investors to assess what relative moves in bonds and equities could catalyze significant deleveraging by rules-based risk parity funds running vol target overlays. The document also suggests buying seasonal oil dips via bullish X-market risk reversals, leveraging both commodity strategists' 'buy the dip' view and equity strategists' bullish outlook on the Oil & Gas sector.
HOUSE_OVERSIGHT_025242.txt
This document discusses the economic and equity market conditions in the US, Asia ex-Japan, and Europe for 2012, focusing on Spain as a particular area of concern. The author also addresses some key Q&A topics related to the US recovery, including durable goods consumption, equipment & software spending, vehicle sales, bank loans to companies, manufacturing payrolls, credit card delinquencies, household credit growth, homebuilders' demand, and remodeling trends. It highlights opportunities in retailing and building products companies that may benefit from these trends. The author concludes by suggesting that while there have been improvements in various economic indicators, some challenges remain, such as weak household credit growth.
HOUSE_OVERSIGHT_025235.txt
The document is a summary of key economic and market topics by J.P. Morgan. It discusses the US economy's recovery, potential risks, and opportunities in retailing and building products companies. The focus is on Spain's difficult financial situation and the need for continued monetary easing from the ECB and EU to prevent it from becoming a bigger problem.
HOUSE_OVERSIGHT_025229.txt
In this document, a person named Mary discusses the events of August 4, 2011 regarding financial markets and the global recovery. Italy's equity markets sold off sharply and were eventually shut down after the ECB rejected being the buyer of last resort for Italian government bonds. The Bundesbank also has objections to this idea. The author mentions that Italy has a high debt load as a percentage of its GDP, and without a decision by Germany to move towards Federalism or more debt monetization by the ECB, the European Monetary Union could be facing its final stretch. Italian regulators have seized documents at Moody's regarding declines in Italian bank stocks as an indication of the pressure the system is under, and the possible search for scapegoats.
HOUSE_OVERSIGHT_025226.txt
The document discusses recent financial market developments, particularly regarding Italian equity markets and their impact on global recovery. The sender has shared this information with clients due to the severity of the situation. They mention that Italy's debt load is a considerable concern and that the European Monetary Union could face its final stretch if Germany does not move towards federalism or if there is no more debt monetization by the ECB.
HOUSE_OVERSIGHT_025115.txt
The document discusses China's Belt and Road Initiative, a massive infrastructure project designed to improve trade connections between East Asia and Western Europe. The initiative aims to provide new growth opportunities for the world economy, particularly by increasing connectivity among economies along its routes. While some in Europe may not be fully aware of the initiative, newly elected French President Emmanuel Macron could potentially accelerate European interest in it. By investing in infrastructure improvements, China hopes to boost trade and increase the internationalization of its currency, ultimately transforming its growth towards quality. Cooperation with the EU under this initiative could help achieve economic growth targets while fostering a sense of shared destiny among countries involved.
HOUSE_OVERSIGHT_024132.txt
The document discusses global economic data and trends in different regions. In the US, job markets are gradually improving, spending is up, and access to credit remains easy due to a healthy capital position of banks. However, concerns remain about inflation and the economy's ability to withstand stimulus withdrawal. In China, there are mixed views on whether economic data reflects its true state, with some analysts suggesting that it is not as bad as it looks. Meanwhile, in Europe, data has been considered bizarre since the ECB gifted EU banks 650 billion Euros. Despite this, there have been positive signs of recovery, particularly in terms of improving jobless claims and a growing economy. However, concerns remain about the long-term sustainability of these improvements due to rising deficits.
HOUSE_OVERSIGHT_023575.txt
The document discusses the potential for a tech bubble in US markets and suggests using derivatives to position for it. Key strategies include replacing FANG positions with Nasdaq 100 put spreads or using long volatility dispersion strategies like SPX 12M Top50 dispersion. In Europe, investors are advised to use DTE Sep17 collars to hedge against the risk of a pullback in DTE-TMUS merger and consider Enel 3m bullish risk reversals as a value play.
HOUSE_OVERSIGHT_023571.txt
The article discusses the importance of developing nations having their perspectives and voices heard through news media. It highlights the Belt and Road Initiative as a key topic, which aims to foster economic ties among countries in Central Asia, Europe, Southeast Asia, Africa, and other regions. The initiative is supported by experts who believe it will be applauded in years to come. Additionally, the article mentions the US presidential debate between Donald Trump and Hillary Clinton, with Robert Kuhn expressing that the Belt and Road Initiative is a more important event in hindsight than the debate.
HOUSE_OVERSIGHT_023567.txt
The document discusses the impact of quantitative easing on insurers and pension plans in Europe. It highlights how the European Central Bank's asset purchase programs have led to the insolvency of life insurers and defined benefit pension plans. The author warns that these problems threaten not only the European economy but also the careers of institutional investors. The article suggests that Europe cannot afford policy mistakes like America and Canada, where social dissolution is less likely due to a larger margin for error. The text references the borderless Schengen area and the European Commission president's recent comments about the single currency in relation to the Schengen agreement's failure.
HOUSE_OVERSIGHT_019348.txt
In this email chain, Jeffrey E. expresses interest in meeting the leaders of Europe before a possible implosion and offers advice after the meeting. Steve Bannon responds positively to Jeffrey's suggestions and mentions his intention to open a populist fort in Brussels through "The Movement" non-profit foundation. The objective of "The Movement" is to coordinate the populist right for the 2019 European elections, competing with George Soros who has been supporting the Democratic party since 1984.
HOUSE_OVERSIGHT_019338.txt
The document discusses plans for organizing meetings with leaders of countries in Europe and other locations, as well as attending film festivals such as Venice, Toronto, and New York. It also mentions a movie called "American Carnage" and a person named Emmanuel, who financed the film. The main topic appears to be arranging for Steve Bannon to have one-on-one meetings with various leaders.
HOUSE_OVERSIGHT_019312.txt
The document discusses Steve Bannon's plans to establish a non-profit foundation called The Movement in Europe with the goal of coordinating the populist right for the European elections in spring 2019. Bannon aims to compete with George Soros, who has spent billions on supporting human rights through NGOs. The email conversation between Jeffrey and Steve discusses their plans and the challenges they will face in executing them.