DOW JONES WKN: CG3AA2 ISIN: US2605661048 Forum: Indizes Thema: Hauptdiskussion

European Distressed and Default Monitor – September 2024: Rising Concern Lists; Diverging Defaults The share of loans on the loan Concern list as a percentage of the overall European leveraged loan universe rose in August to 3.3% https://www.fitchratings.com/research/corporate-finance/european-distressed-default-monitor-september-2024-30-09-2024

Powell Pours Cold Water On Rate-Cut Euphoria; USA Sovereign Risk Ominously Surges In September https://www.zerohedge.com/markets/powell-pours-cold-water-rate-cut-euphoria-usa-sovereign-risk-ominously-surges-september

https://www.federalreserve.gov/newsevents/speech/powell20240930a.htm

Powell Says Fed Not in Hurry to Cut Rates Quickly

Red sea disruption: Pepco turns to train and air-freight https://www.hellenicshippingnews.com/pepco-turns-to-train-air-freight-to-mitigate-red-sea-disruption/

"Unleash the Apoorcalypse..." Time Is Running Out: US Port Strike Could Begin Tuesday; Goldman Finds Highly Exposed Retailers https://www.zerohedge.com/markets/time-running-out-us-port-strike-could-begin-tuesday-goldman-finds-highly-exposed-retailers

Freight rates rise as companies plan for costly US port strike https://www.ft.com/content/7fdd7d4a-794c-46f2-95c5-aa317a5163a4

Port strike threatens biggest supply-chain disruption since height of pandemic https://www.washingtonpost.com/business/2024/09/28/port-strike-longshoremen-union-shipping/

Hurricane Helene Damage to Cost Between $95 and $110 Billion https://t.co/8H8ud8n2ur

How Hurricane Helene could have widespread consequences for homeowners: Although it is too early to know the full extent of Helene’s damage, experts said the storm could have major consequences for homeowners, the private insurance industry and the federal flood insurance program. https://www.washingtonpost.com/climate-environment/2024/09/29/helene-homeowner-flood-insurance/

Basel III endgame: Gold gets Tier 1 status: Basel I, II and III were a response to the 2008 financial crisis. The regulations require banks to maintain proper leverage ratios and to meet certain minimal capital requirements. Under the old Basel I and II rules, gold was rated a Tier 3 asset. Under Basel III Tier 3 has been abolished. Under Basel III gold bullion is a Tier 1 asset. Also, and this is important, under Basel III a bank’s Tier 1 assets have to rise from the current 4% of total assets to 6%. https://aheadoftheherd.com/gold-repatriation-shifting-from-north-to-south-richard-mills/

Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation https://www.cnbc.com/2024/09/24/fed-governor-bowman-explains-dissent-on-rate-vote-says-shes-worried-about-inflation.html

Was die Abwicklung des Yen-Carry-Trades bedeuten könnte: Die tatsächlichen Auswirkungen auf die Märkte könnten eher vom Euro als vom Yen abhängen: Obwohl der japanische Yen-Carry-Trade die Schlagzeilen beherrscht, ist Europa (insbesondere Deutschland) der weitaus größere Inhaber von US-Vermögenswerten. Die Länder des Euroraums haben in den letzten 15 Jahren anhaltende Leistungsbilanzüberschüsse mit den USA erwirtschaftet. Wie Japan flossen die meisten dieser Überschüsse in US-Festverzinsliche Wertpapiere (insbesondere Kredite), einige davon auf ungesicherter Basis. Wenn der Euro beginnt, deutlich aufzuwerten, werden die Inhaber von US-Vermögenswerten gezwungen sein, entweder ihre Positionen abzusichern (mehr Euro zu kaufen und mehr Dollar zu verkaufen) oder ihre in US-Dollar denominierten Vermögenswerte zu verkaufen. https://www.wellington.com/en-us/institutional/insights/the-yen-carry-trade-unwind

Ripple effects https://www.hellenicshippingnews.com/experts-when-a-port-closes-down-it-is-not-an-immediate-impact-it-is-a-ripple-effect-until-things-normalize/

This indicator predicts an imminent recession https://www.marketscreener.com/quote/currency/EURO-US-DOLLAR-EUR-USD-4591/news/This-indicator-predicts-an-imminent-recession-47954919/

The Next Frontier https://thegoldenthread.gold.org/season-one/the-next-frontier