According to all, the only way is up in the medium- to long-term as yen dynamics continue to serve as a trigger for this broad asset market move.
It was at this confab two years ago that Bernanke signaled the second round of easing which gave rise to a massive asset market rally across the board.
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"The dichotomy between hard economic data and asset market performance continues but unlike over past weeks at least there was some justification for the rally in equity markets following the stronger than expected US April jobs report, " said a market commentary from Credit Agricole CIB in Hong Kong.
Moreover, the number of vehicles leased by GM could grow at a rate of 3 percentage points faster than our current projections (chart not included) if GM maintains its market share and given a recovery in the asset backed market, which would improve its financing abilities.
It's really an asset of market forces and to government mandates.
And it has been clever: Traditionally, Ford sold retail car loans into the asset-backed market.
Capital markets have ballooned: think, for example, of the development of the junk-bond and asset-backed market in the 1980s.
This may still not be fully priced into emerging-market asset prices, he believes.
The asset-backed market is limited because it takes the best assets off Ford's books, leav-ing other creditors with less security.
Hyper-correlation seems to have faded across all asset classes and market sectors.
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As one savvy options trader said: The best gauge of investor confidence in any major asset in the market place is to look at its present options premium.
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The consumer asset backed securities market is a source of liquidity to financial institutions that provide federally guaranteed small business loans and consumer lending such as auto loans, student loans and credit cards.
Currently, the charts are generally telling a positive story about the stock market and risky asset classes in general, although the Japan nuclear incidents are very much impacting that market as well as some others.
No bank is going to trade an asset paying above-market interest for one paying at-market interest.
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Expectations have been driven so high that even asset injection at fair market value will disappoint markets.
Michael is a respected financial planner and publisher who adamantly believes that tactical asset allocation is not market timing.
In addition, pre-crisis periods are often characterized by exponential growth in trading or transaction volume in the respective market or asset.
BlackRock rallied, and if investors get more comfortable with putting money into the market the asset manager will reap the rewards.
The entire asset-backed securities market would have never gotten off the ground.
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Despite being a safe-haven asset, the gold market is not presently being supported by the escalation in the European Union sovereign debt crisis.
Despite being a safe-haven asset, the gold market felt selling pressure from a sharply higher U.S. dollar index and generally weaker commodity sector Wednesday.
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Morgan noted that gold was the most negatively correlated asset to the stock market over the last decade, with the yellow metal overall outperforming.
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Despite being a safe-haven asset, the gold market is not presently seeing fresh demand due to the escalation in the European Union sovereign debt crisis.
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He also said the ECB had "decided to start consultations with other European institutions" on measures to promote non-bank lending to companies by trying to revive that side of the asset-backed securities market.
While helping all asset categories to rally, the Greenspan put had an undesired consequence: it caused a synchronous one-direction move across asset categories, undermining the effectiveness of asset diversification in lowering market risks.
Turns out, there was indeed a strong flow into asset classes that had performed well, and the strong performance did not continue, but rather these asset classes underperformed the market over the subsequent year.
"The BOJ's commitment to adopt 'monetary base control' clearly is a strong message to the markets about enhancement of the monetary policy, in terms of both working on asset prices and controlling market inflation expectations, " Nishioka added.
Moreover, providing liquidity to financial institutions does not address directly instability or declining credit availability in critical nonbank markets, such as the commercial paper market or the market for asset-backed securities, both of which normally play major roles in the extension of credit in the United States.
The gold market has recently behaved more like a risk asset than like a safe-haven asset, to the consternation of gold market bulls.
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In contrast, Brazil's government sees the country's domestic market as an asset to be protected.
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