by Step-Up Finance (Business) | May 1, 2009 | Blog, Business, Economy, Finance, Monthly Musings, News, Newsletter, Noteworthy News, Uncategorized
Welcome, and a big Hello to all our new recipients, and thanks to all of you who have been in contacts with us - Always good to hear from you. Wrecking..... Wrecking was the regular practice of taking valuables from a shipwreck which had foundered near to a shore, and there are legends of [...]
by Step-Up Finance (Business) | Apr 14, 2009 | Blog, Uncategorized
Herd behaviour, being determined by outside influence, has been well documented with examples of stock market bubbles and crashes, street demonstrations, episodes of mob violence and even everyday judgment and opinion forming. When house prices shot-up because lots of people started "trading up the market", an almost irresistable urge to join-in or miss-out was felt. However, [...]
by Step-Up Finance (Business) | Mar 23, 2009 | Blog, Finance, Market Update
Interest rates cut to 0.5% and quantative easing two weeks old, yet according to the CML any ‘meaningful revival’ in mortgage lending is unrealistic in the foreseeable future. Umm.... Aaah.... With lots of Umming and Aahing, one of the main problems is determining the real value of a home or business in a falling market. [...]
by Step-Up Finance (Business) | Mar 19, 2009 | Blog, Finance, Market Update
Financial Institutions’ ‘Stress Test’ is unlike a test of stress for the majority of us. Credit Scoring, central to the lending process, can be a test of stress for us all. It can be stressful for Financial Institutions finding, altering and adapting credit scoring models and deciding whether to use people or computers. It can [...]
