This week on FT Alphaville:
- Oh no. It’s groundhog year. 2008 got underway with more talk of mortgage misery in the US.
- Alliance & Leicester was in the Spanish (and market) spotlight.
- At the start of this happy new year, Nouriel Roubini is…..wait for it…. bearish.
- And we must all seek to avoid morale hazard. There was mix up between Merv and Irwin.
- No change from 2007 on Thursday. There were escalating estimates of investment bank writedowns….
-…and some unseemly excitement about all the lovely business sovereign wealth funds might be generating..
-..together with talk of transfers from west to east.
- At least the year end M&A figures are out to entertain and distract us.
- And someone decided they’d had enough of waiting for that three-figure oil price
- By Friday, there was some sign of a teeny weeny improvement in commercial paper markets. Can it last?
- The banks are starting to cut people…
- …and soap and sundries. Maybe.
- We also learnt about what could be a new ’08 catchphrase: “involuntary asset growth”
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