Monthly Commentary

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: [phone]

 

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