11th Dec 2008 09:58
11 December 2008
MONTHLY INVESTOR COMMENTARY
FIDAC, the investment manager of Prodesse Investment Limited, has today posted its November 2008 monthly investor commentary on the US Economy, US Mortgage Market, and the US Markets.
This month's headlines are:
The Economy: It's official: The US is in a recession. Tell us something we don't know…
The Residential Mortgage Market: Mortgage activity confronts loan modifications
New This Month! The Commercial Mortgage Market: Commercial mortgages are the next domino to fall in the financial crisis
The Markets: Rates, stocks and oil collapse from deflationary exhaustion
Investors can access a copy of the Monthly Commentary at www.prodesse.co.uk
Enquiries:
Financial Dynamics
Rob Bailhache / Nick Henderson
Tel: 020 7269 7200 / 020 7269 7114
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