“Because uncertainty about the future is fundamental, financial mistakes will continue to be made. They will be made by entrepreneurs, bankers, borrowers, central bankers, government regulators, politicians, and,…
“It is not learning, grace nor gear Nor easy meat nor drink But bitter pinch of pain and fear That makes creation think” They Told…
New York | The great sucking sound heard last week was the release of accumulated froth in the global equity markets. The FOMC’s decision to…
This is a syndicated repost courtesy of theinstitutionalriskanalyst. To view original, click here. Reposted with permission. New York | Is the Federal Reserve Board killing America’s banks,…
The rally in risk-free bonds is quickly rendering irrelevant the policy direction of the Federal Open Market Committee
Last week, financial markets wiped out about a quarter of the market value of large US banks and nonbank companies.
New York | The rally in risk-free bonds is quickly rendering irrelevant the policy direction of the Federal Open Market Committee. We’ve talked in past…
(NYSE:BAC), at $2.4 trillion in total assets the second largest bank holding company in the US. BAC was a perennial under performer among the large…
New York | Last week, Goldman Sachs Group (NYSE:GS) held its long awaited investor day event. As GS says on its web site: “Our senior…
US financials have never been so expensive and risk indicators have never been so skewed.