Earlier this week, CNN Money ran a story on JPMorgan’s quarterly results. Instead of focusing on the earnings, the author’s (Stephen Gandel) discussed the fact that JPMorgan’s loan-to-deposit ratio (LTD) hit a new low.FORTUNE: – The nation’s large…
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Contributors- Economic and Financial, Must Read, Taken Down
Fed contemplates creating "overnight reverse repo facility" – Sober Look
by Sober Look • • 0 Comments
This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. Today investors focused on the broad support for tapering in the July FOMC minutes, driving treasury yields sharply higher. 10yr treasury yield (source: Investing.com) There was however another passage in the minutes that wasn’t broadly covered in the…
Contributors- Economic and Financial, Must Read, Taken Down
The Fed’s latest dilemma- Sober Look
by Sober Look • • 0 Comments
The Fed continues to be divided over the next steps for its unprecedented monetary expansion program. Varying interpretations and conflicting headlines in the press leave the public bewildered and frustrated. The following two stories for example have …