Distressed CRE Up 100% to $108B
Ouch! “Commercial properties in the U.S. valued at more than $108 billion are now in default, foreclosure or bankruptcy, almost...
Wall Street Prison Consultants
Uh-oh. Imagine you just fucked up really badly. Maybe it was a PIPE deal you front ran (aka insider trading); Perhaps you dipped into...
Consumer Credit
May Consumer Credit fell $3.2b to $2.519 trillion (SA) but $5.6b less than anticipated. Consumer credit outstanding is now at the lowest...
In-Depth Look – World Economic Outlook
Interview and discussion with the I.M.F. Chief Economist, Oliver Blanchard. He says the worst is behind us, risk remains and sustained...
Wednesday Reading
Some interesting and random linkage: • Hall of Shame: 12 of the Worst Financial Gurus (Bill Shrink) • Wall Street’s Newest Product...
King Report: Who Cares About Moving Averages?
> There is mucho pontificating by research types and pundits that ‘all is still well because the S&P 500 held its 200-day moving...
10 year note auction
The reopening of the 10 year note auction was solid as the yield was 4 bps lower than where the when issued was trading and the bid to...
Regulation & Finance Sector Pay
Nice couple of charts that show correlation between what occurred when financial markets were deregulated and the outsized compensation...
Art Cashin Trader Talk
Art Cashin, director of floor operations at UBS, has the latest buzz from the NYSE Airtime: Wed. Jul. 8 2009 | 8:50 AM ET
PMI: US Home Prices Likely Lower In 2 Years
Falling home prices any be moderating, but they are not likely to be heading higher anytime soon. That’s according to mortgage...