10 Jun 2008 09:04
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10 JuneΒ 2008
MONTHLY INVESTOR COMMENTARY
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FIDAC, the investment manager of Prodesse Investment Limited,Β has todayΒ posted itsΒ MayΒ 2008Β monthly investor commentary on theΒ US Economy, US Mortgage Market,Β and the US Markets.
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This month's headlines are:
The Economy: How close is the Fed to tightening? Not veryβ¦
The Mortgage Market: Mortgage refinancing and origination activity slows further
The Markets: Yields rise worldwide on inflation fears
Investors can access a copy of the Monthly Commentary atΒ www.prodesse.co.ukΒ
Enquiries:
Financial DynamicsΒ
Rob Bailhache /Β
Nick Henderson Β
Tel: 020 7269Β 7200 / 020 7269 7114
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