More Financial Turmoil
For the past year, we have been advising investors to steer clear of the Finance sector. As we noted yesterday, Lehman was in the market...
Bernanke: Rates Are Well Positioned to Spur Growth
Bernanke Says Rates Are `Well Positioned’ to Spur Growth click for video Excerpt: Federal Reserve Chairman Ben S. Bernanke signaled...
Total Fed Lending to Depository Institutions
Via Ambrose Evans-Pritchard, comes this chart: Wow! Total Borrowings of Depository Institutions from the Federal...
Financial Sector: Beware LEH, CIT (REPOST)
Note, this is a repost — the original (with comments) is the next post (Financial Sector: Beware LEH, CIT ») but or some reason...
Consumer Mortgages, 90 days past due
This morning’s chart porn comes to us via Citigroup — and an informative chart this is: > U.S. Consumer −...
More Foreclosures
On Sunday, we discussed the shift in foreclosures from sub-prime to prime, via the NYT. This morning, the WSJ jumps in with this column:...
That ’70s Show?
Paul Krugman discusses some of the differences between the current credit crisis and inflationary environment and the 1970s. Professor...
Spike in Foreclosures Goes Beyond Subprime
Some people — the usual suspects — have claimed that foreclosures are primarily a sub-prime phenomenon. That might have been...
Mortgage Delinquencies Accelerating
The mortgage crisis is bad and getting worse. The latest evidence suggests that any bottom in real estate is some ways off in the future:...
The Fall of Bear Stearns
If you haven’t read the Kate Kelly’s fantastic 3 part WSJ series about the Fall of Bear Stearns, you are missing out. (I...