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March 11, 2026

Author: Burnham Banks

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Sovereign Debt Investing: A Distress Investing Approach

Tuesday, 23 February 2010 | 3:29 pm by Burnham Banks
  The credit quality of sovereign debt is the subject of current scrutiny and debate. The business of government is a complex one with multiple objectives and indeed philosophies. Some believe that governments are inherently inefficient and therefore should have their mandate clearly defined and limited. Others see government as an arbiter that corrects market
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Initial Jobless Claims: Data issues

Tuesday, 23 February 2010 | 8:07 am by Burnham Banks
The equity markets have been weak on the sovereign risk scares in Greece, Spain and Portugal. As much as this, employment numbers in the US have now come in below forecast in the last 4 weeks.
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Why China is Screwed

Tuesday, 23 February 2010 | 8:04 am by Burnham Banks
The US owes China 1 trillion bucks. Is it any surprise that China wants a stronger USD?
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Regulation of Banks

Tuesday, 23 February 2010 | 8:01 am by Burnham Banks
There is an opportunity here to eschew heavy handed regulation.
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The Best Job In The World

Wednesday, 17 February 2010 | 9:42 am by Burnham Banks
Want to find the best job in the world? Here’s how to think about it. You want a job with maximum return to your skills as possible. You therefore want maximum return on equity, per person, in your job or field. You really couldn’t give a toss what the return on assets is. Return on
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Ten Seconds Into The Future

“Hello. I’m Burnham Banks and I studied economics in the late 80s and early 90s. I’m still studying economics today and am still no wiser. This blog is a journal, a record of my thoughts and experiences. If we are destined to repeat our mistakes, we should at least repeat them faithfully. If not, then perhaps the past is a mischievous guide and we should try something new.”

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