Very strange confluence of media coverage this morning on the banking sector. All three major financial papers (WSJ, NYT, Barron’s)...
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New Home Completions, 1968-2008 click for ginormous chart Major New Home Building Housing expansions since 1968 are marked as a red...
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This quote shows a modest degree of concern, but it is described as an opportunity to double down, and keep buying as stocks get lower....
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Welcome to the second half of 2008. We begin the second half pretty much the same way we finished the first half: Equities under...
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Here is today’s intriguing article from late yesterday: Bloomberg’s Jonathan Weil explains why the Fed does not follow GAAP....
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Bouncing around trading desks is this comment on Fifth Third Bancorp (FITB): “Given its recent performance, the company has...
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Last year, we looked at the issue of risk adjusted gains for the S&P500, and most especially for the Financial sector. At the time,...
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Naked Capitalism looks at the question "Just How Did Lehman Delever?" I tracked Lehman’s (LEH) stock action before and...
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Interesting Bloomberg article this afternoon on corporate profits and raw cost inputs: "Inflation is eliminating the rewards of...
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2 weeks ago, we reiterated a previous Sell on Lehman Brothers (LEH). That worked out pretty well. Even with the Dow up 160 points today...
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