The Federal Reserve has released their stress test for banks. And all large banks passed!!
Deutsche Bank is struggling with stock prices that a pale shade of levels from 2007. Now that DB has a derivatives fiasco on their hands as well.
Senators Bob Corker (R-TN) and Mark Warner (D-VA) are proposing the Patsy Cline model for mortgage giants Fannie Mae and Freddie Mac.
After today’s job report of only 98,000 jobs added in March, I was waiting to see if the Atlanta Fed would drop their Q1 GDP forecast from 1.2%.
The March jobs report is out and there is good news and bad news. host=anthonybsanders.wordpress.com&blog=31838139&post=4199&subd=anthonybsanders&ref=&feed=1″ width=”1″ height=”1″/>
Yes, 11 of the 12 leading states in terms of Market Pension Debt per Household voted for Democrat Hillary Clinton for President in 2016.
Former Goldman Sachs executive Gary Cohn said he supports breaking up the too-big-to-fail (TBTF) banks that have grown to be behemoths through acquisitions. In a private meeting with lawmakers, White House economic adviser Gary Cohn said he supports a policy that could radically reshape Wall Street’s biggest firms by separating their consumer-lending businesses from their […]
According to the US Census Bureau (as interpreted by Fox News). US construction spending rose to nearly an 11 year high.
The retail slaughter continues.
Bloomberg has an interesting article on rapidly rising home prices. Despite the fact that US wage growth has been terrible since the Great Recession and is now (depending on how you measure it) 4 times lower than home price inflation.