Evolution of the Crisis
The credit crunch and the financial crisis
Beyond all analyses on the roots, the trends, the way-outs of the credit crunch, the financial crisis has been a worldwide nervous breakdown.
The psychological point of view is the one we choose for introducing the crisis.
Market volatility is drawn by financial players' nervousness.
The CBOE Volatility Index (VIX) is a measure of market participants' expectations of near-term variability, as conveyed by the S&P 500 Index option prices on quarterly averages.
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Ante 2007 |
Early 2007 to Early 2008 |
March 2008 to Oct 2008 |
Nov 2008 to 1st Q2009 |
|---|---|---|---|
|
US GDP and Debt US Consumer Price Index US Imports and net Export Home Price & Delinquency Rate<?xml:namespace prefix = o />
Capitaliz. Ratio: Debt/EBITDA |
Us industrial production and output gap US current account Fx Mkt: Dollar vs Asian currencies
US Housing Market
Oil, Gold and Food prices
Yield Curve Spreads
Money Market Funds
|
Ted Spread
Fed Facilities
Libor-OIS
KfW Spread
Repo delivery fails
Private Eq. Transactions
Leveraged Loans
Fx Market
CDS Indexes |
Inflation Breakevens
BAA-AAA Spread
Money for free
Commercial Papers Mkt Fed Balance Sheet
Financial Senior and Sub CDS
IG vs HY CDS
Fx Market
Sovereign CDS & Spreads |
...guessing the future: How it all ends section
Chronology of outstanding facts
Follow the links for an exhaustive chronology of the outstanding facts clustered into 4 main areas.
Market's Events
(Housing market trend, ABS freeze, Bear Stearns slump, Lehman Brothers bankruptcy, Crude Oil spike, Stock Indices crashes, Spread boost, ...)
Central Banks and Authorities Actions
(Fed programs, ECB, SNB programs and other CBs actions, Governments interventions, programs liquidity injections, bail outs, programs Quantitative Easing approach, ...)
Primary Brokers and Dealers
(Merrill Lynch, Bank of America, Citigroup, Fannie and Freddie, AIG, Goldman Sachs, Lloyds, Mitsubishi Group, Washington Mutual, JP Morgan, Unicredit, BNP, Fortis, Wells Fargo, Wachovia, Wall St. CEO resignation, ...)
Financial Institutions
(Madoff Funds, Moody's downgrades, Bear Stearns hedge funds, Citigroup hedge funds, Focus Capital, Tequesta Mortgage Fund, Carlyle Capital, <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Blue River Municipal Bond Fund, Lancelot Investment, ING CDOs fund, ... )
Explaining Central Banks and Authorities programs to stabilize the financial system
Equity markets prices usually anticipate events both looking at relevant stocks and at indexes themselves: see what happened
This web page and its content is performed by Roberto Botter.