Re: Talouskriisit eri puolilla maailmaa: Mistä johtuu, kauanko kestää ja mikä auttaisi?
Lähetetty: Pe Loka 14, 2022 4:31 pm
Suomen johtava rikosaiheinen portaali
https://murha.info/rikosfoorumi/
14.10.2022
https://www.is.fi/taloussanomat/art-2000009136343.html
Britannia sai vuoden neljännen valtiovarainministerinsä
Jeremy Hunt on Britannian uusi valtiovarainministeri.
Britannian uusi valtiovarainministeri on Jeremy Hunt, jonka nimityksen pääministerin kanslia on hetki sitten vahvistanut, Britannian yleisradioyhtiö BBC kertoo.
Kesän puoluejohtajakilvassa Hunt oli ehdokkaana, mutta ei saanut riittävästi kannatusta, minkä jälkeen hän asettui kannattamaan Liz Trussin vastaehdokasta Rishi Sunakia. Hunt oli ehdokkaana myös Boris Johnsonin valinnan yhteydessä, mutta vetäytyi kisasta varhaisessa vaiheessa.
Britannian edellinen valtiovarainministeri Kwasi Kwarteng sai potkut hallituksesta aiemmin perjantaina.
Kwarteng ja pääministeri Truss esittelivät kolme viikkoa sitten budjettinsa, joka olisi antanut hyvin toimeentuleville 43 miljardin punnan veronalennukset ja täyttänyt valtion kassaan syntyvän aukon velalla.
Markkinat suhtautuivat ehdotukseen äärimmäisen epäilevästi, minkä seurauksena osakekurssit putosivat ja Britannian valtionlainojen korot nousivat. Englannin keskuspankki joutui käynnistämään hätäohjelman, jotta markkinamyllerrys ei olisi kaatanut maan eläkeyhtiöitä.
How Britain's pension scheme hedge became a trillion pound gamble
October 17, 2022
But fifteen years later, the strategy now adopted by nearly two-thirds of pension schemes has ended up revolving around financial derivatives rather than just bonds - injecting a growing amount of risk to schemes that is only now becoming apparent as interest rates surge.
There is a catch: if the derivative becomes loss-making for the pension fund because of a change in underlying asset prices, for example, it can be called up for more money, sometimes at short notice.
But the strategy gradually became riskier, according to interviews with pension scheme trustees, consultants, industry experts and asset managers. Things began to unravel as Britain's Sept. 23 "mini-budget" sparked a jump in UK government bond yields, driving pension funds to race to raise cash to prop up their LDI hedges.
The scale of the money using the LDI strategy, and ever higher borrowing through the derivatives, had amplified risks that appeared hidden during a decade of low interest rates.
When rates began rising in 2022 and warnings about risk got louder, schemes were slow to act, according to those interviewed.
https://www.reuters.com/business/financ ... 022-10-15/
BT pensions scheme lost $12 bln in assets after UK 'mini-budget' -annual report
LONDON, Oct 18 (Reuters) - The British Telecom (BT.L) pension scheme, one of Britain's largest, lost around 11 billion pounds ($12.44 billion) in assets in recent weeks, it said in its annual report on Tuesday, as bond yields soared following the UK government's botched 'mini-budget'.
The BT pension scheme had already lost 10.4 billion pounds in assets to 46.9 billion pounds over its 2021/22 financial year, "largely driven by the performance of our liability hedging investments", it said in the annual report.
https://www.reuters.com/world/uk/bt-pen ... 022-10-18/
Brittien eläkeyhtiöt olivat lähellä romahdusta tällä viikolla
2.10
Muun muassa Financial Times -lehden mukaan paniikki oli vähällä levitä laajaksi kansainväliseksi rahoituskriisiksi.
”Aamulla pelkäsin hetken aikaa, että tämä on lopun alkua”, eräs pankkiiri kommentoi tilannetta FT:lle keskiviikkona.
https://www.hs.fi/talous/art-2000009106919.html
Brittiläinen The Sun -lehti sanoi, että Braverman olisi erotettu ”tahattoman kansallisen turvallisuusvuodon” takia.
Pääministerin toimisto on kiistänyt, että Braverman olisi saanut potkuja muttei ole selventänyt hänen lähtönsä luonnetta. https://www.hs.fi/ulkomaat/art-2000009146279.html
BBC:n tietojen mukaan tieto ei rikkonut kansallista turvallisuutta, mutta oli mahdollisesti markkinaherkkä aihe. -Iltalehti
https://www.weforum.org/people/rishi-sunakRishi Sunak, the new UK prime minister, is yet another Goldman Sachs alumnus
- Rishi Sunak, the new UK prime minister, once worked as a junior analyst at Goldman Sachs in London.
- He spent around three years at the bank, covering US stocks including railways and media, the FT reported.
https://www.businessinsider.com/rishi-s ... ?r=US&IR=T
- Sunak also worked at one hedge fund and cofounded another before getting into politics.
https://www.forbesindia.com/article/spe ... er/57713/1Rishi Sunak, son-in-law of Infosys founder Narayana Murthy
British politician Rishi Sunak, son-in-law of Infosys founder NR Narayana Murthy, was named Britain’s Chancellor of Exchequer, meaning the country’s finance minister, on Thursday by Prime Minister Boris Johnson.
Digital Identity: The Catalyst for Inclusive Financial Services
A post-pandemic recovery will require that all people have full digital access to the economic, social, and political realms.
https://www.infosys.com/industries/fina ... ntity.html
The US now has just 25 days of diesel supply — the lowest since 2008
Tue, October 25, 2022, 7:00 PM
The U.S. is facing a diesel crunch just as demand is surging ahead of winter — with only 25 days of supply left, according to the Energy Information Administration.
National Economic Council Director Brian Deese told Bloomberg TV that diesel inventories are “unacceptably low” and “all options are on the table” to bolster supply and reduce prices.
What are the government’s options?
If diesel inventory continues to run down without the government intervening, the impact on transportation costs for goods could drive inflation up even further.
Deese adds that the Fed has some tools to bolster diesel supply, like the Northeast Home Heating Oil Reserve, which houses one million barrels of diesel in case of a disruption in supplies.
“We have looked very carefully at being prepared to deploy as and when necessary,” he said.
But The Washington Post reports that diesel demand is so high, that if a million barrels of diesel were delivered from the Northeast reserves, they would be depleted in less than six hours.
The Biden administration also recently announced it would be tapping into the country’s emergency oil reserves to counter rising gas prices, despite concerns over the long-term efficacy.
https://finance.yahoo.com/news/us-now-j ... 00619.html
Tuo HF tuossa ylempänä on siis Hedge Fund eli Hedge-rahasto. Siellä suunnalla näyttää tosiaan olevan isojakin ongelmia, kun itse hedge-fund manageri joutuu myymään kiinteistönsä pilkkahintaan, aivan jäätävällä tappiolla, joten spekulaatiot siitä, että kaverin pitää pumpata lisää rahaa rahastoon, jotta se pysyisi pystyssä ei liene täysin tuulesta temmattu. Kukaan ei myy noin isolla tappiolla kiinteistöään, ellei ole aivan pakko.Petu kirjoitti: ↑Su Loka 02, 2022 10:29 pm
Tähän seuraavaan ei ole oikein mitään kunnon lähdettä, joten laitetaan se pienemmällä.I had a 2 hour discussion with a very seasoned banker tonight and my mind is blown!
His response, “over leveraged HF’s shorting 80% of the market”.
He predicts we will see a market crash like we’ve never seen in our lifetime. It’s happening and it’s going to wipe out HF’s from A-Z. It’s also going to pull the rug on the whole US economy. So how do we prepare?
It Cost $35 Million to Create. But This Elaborate Pennsylvania Home Just Sold for $9.26 Million.
Oct. 19, 2022
Hedge-fund manager Andrew Barroway put the roughly 32-acre property on Philadelphia's Main Line on the auction block back in 2019, but couldn't find a buyer https://www.wsj.com/articles/it-cost-35 ... 1666204551
Nitisee natisee, mutta eiköhän tästä nyt ainakin välivaaleihin asti mennä ilman isompia rytinöitä..Investors pull $26bn from hedge funds in Q3
24/10/2022
As a result of the volatility and positioning for generational inflation and increased likelihood of an economic recession, institutional investors withdrew an estimated $26.0 billion from hedge funds in Q3 2022, according to the latest HFR Global Hedge Fund Industry Report. https://www.hedgeweek.com/2022/10/24/31 ... e-funds-q3
Hätävarastothan on kohta jo loppuun kulutettu kun on pitänyt painaa vaalejen alla hintoja alas.Petu kirjoitti: ↑Ti Loka 25, 2022 11:53 pm Vaihteeksi jenkkeihin, siellä suunnalla saattaa tuoreen uutisen mukaan tulla piakkoin pulaa dieselistä ja hätäöljyvarastojen hyödyntämistä ollaan suunniteltu. Mahdollisen dieselpulan vuoksi kallistuva polttoaine puolestaan nostaa kuljetusten ja sitä kautta tavaroiden hintaa ja kiihdyttää inflaatiota.
The US now has just 25 days of diesel supply — the lowest since 2008
Tue, October 25, 2022, 7:00 PM
The U.S. is facing a diesel crunch just as demand is surging ahead of winter — with only 25 days of supply left, according to the Energy Information Administration.
National Economic Council Director Brian Deese told Bloomberg TV that diesel inventories are “unacceptably low” and “all options are on the table” to bolster supply and reduce prices.
What are the government’s options?
If diesel inventory continues to run down without the government intervening, the impact on transportation costs for goods could drive inflation up even further.
Deese adds that the Fed has some tools to bolster diesel supply, like the Northeast Home Heating Oil Reserve, which houses one million barrels of diesel in case of a disruption in supplies.
“We have looked very carefully at being prepared to deploy as and when necessary,” he said.
But The Washington Post reports that diesel demand is so high, that if a million barrels of diesel were delivered from the Northeast reserves, they would be depleted in less than six hours.
The Biden administration also recently announced it would be tapping into the country’s emergency oil reserves to counter rising gas prices, despite concerns over the long-term efficacy.
https://finance.yahoo.com/news/us-now-j ... 00619.html
Bloomberg: ”Tuomion tohtori” Roubini ennustaa ”pitkää ja rumaa” lamaa – maailman tärkein pörssi-indeksi romahtaa Roubinin mukaan 40 prosenttia
21.9.
Nouriel Roubini sai lempinimensä ennustettuaan muun muassa vuoden 2008 maailmantalouden romahduksen.
VUODEN 2008 finanssikriisin ennustanut ekonomisti Nouriel Roubini arvioi, että maailmaa ja Yhdysvaltoja uhkaa ”pitkä ja ruma” lama.
https://www.hs.fi/talous/art-2000009085678.html
Roubini tunnetaan erityisesti siitä, että hän ennakoi Yhdysvaltain vuosien 2007–2008 subprime-kriisin ja sitä seuranneen finanssikriisin.[1]
https://fi.wikipedia.org/wiki/Nouriel_Roubini