March 29, 2023
To do this, the Fed created hypothetical scenarios that simulate adverse economic conditions, such as high unemployment, falling home prices, and a sharp decline in GDP. The scenarios also incorporate factors such as changes in interest rates, exchange rates, and commodity prices.
March 29, 2023
Hedge fund net exposure to equities (which means subtracting short exposure from long exposure) is as low as it’s been in three years.
March 28, 2023
Back in 2008, banks were ignoring the houses foreclosing in their own neighborhoods while taking free money in the form of highly-leveraged derivatives based on false mortgage grades from suspect rating companies. This time it's different.
March 27, 2023
The definition of a technical uptrend involves higher highs and higher lows. We’re now seeing that with AAPL’s stock. So, since the bottom in January, we’re officially in an uptrend.
March 27, 2023
The S&P is clinging on for all its worth around the range within which it has been trapped the last several months.
March 24, 2023
Depositor flight to higher-yielding alternatives will continue. And since the bonds bank’s own will be permanently worth less than the deposits they received to buy them, the only way to prevent the inevitable panic is to guarantee all deposits.
March 24, 2023
When I say capitalism, I mean free markets. I mean unfettered choice and competition that […]
March 24, 2023
When I say commie, I mean all forms of forced collectivism. I mean communists, Marxists, […]
March 22, 2023
The one word I'm not hearing anyone use to describe the banking crisis is "accounting."
March 22, 2023
The price moved up through the neck line (light blue line), setting up a price target above the neck line equal to the distance of the move from the head to the neck.
March 29, 2023
To do this, the Fed created hypothetical scenarios that simulate adverse economic conditions, such as high unemployment, falling home prices, and a sharp decline in GDP. The scenarios also incorporate factors such as changes in interest rates, exchange rates, and commodity prices.
March 24, 2023
Depositor flight to higher-yielding alternatives will continue. And since the bonds bank’s own will be permanently worth less than the deposits they received to buy them, the only way to prevent the inevitable panic is to guarantee all deposits.
March 22, 2023
The one word I'm not hearing anyone use to describe the banking crisis is "accounting."
March 20, 2023
Right up to that point, stubborn inflation and an economy still showing signs of life were expected to force the Fed to continue its inflation fight. But then something broke.
March 17, 2023
Each successive crisis or government imperative doubles the cost of bailing out the economy. And each bailout creates more dependence and fragility. It allows unavoidable risks to fester and grow.
March 16, 2023
This is the setup for the hyperinflationary crack up boom - skyrocketing stock prices alongside skyrocketing inflation - I’ve viewed as inevitable ever since the Federal Reserve abandoned any and all constraints on money supply back in 2008.
March 15, 2023
Now, I know it’s tempting to point to the usual suspects listed above. But they ultimately draw power from voters. Voters that never fail to fall for political schemes, solutions, pandering, and burden shifting.