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3.425    -0.025 (-0.72%)
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Spread: 0.15 (4.478%)
Market Cap: £30.84m
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Monthly Commentary

11 Dec 2008 09:58

RNS Number : 9507J
Prodesse Investment Limited
11 December 2008
 



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

This information is provided by RNS
The company news service from the London Stock Exchange
 
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