Interest rates and home sales
What will the fed do next week when they meet to discuss interest rates? The market is expecting a quarter point cut, or maybe even a second half point cut in the federal funds rate. The housing...
View ArticleRefi Boom Hits a Wall
Yesterday the American Banker reported that the mini boom in mortgage refinancing that began in December and continued in January hit a wall in February as long term interest rates started to rise...
View ArticleClik here to view.
Optimism or no? US bank profits rise.
The FDIC this week released it’s quarterly report (folks like me look forward to these reports. no comments please on what that means about me). http://www.fdic.gov/news/news/press/2012/pr12023.html...
View ArticleClik here to view.
Retail renaissance they call it…
You have to give it to the Economist. It’s the most well-written magazine on the planet, and they do such a good job with their Special Sections. This week is about International banking...
View ArticleClik here to view.
The land of “negative interest”
I have been travelling a bit of Europe this week – London, Dusseldorf and now Switzerland. Speaking with people in the industry and gathering perspectives first hand is irreplacable experience....
View ArticleClik here to view.
Its the interest rates, stupid.
Okay, so the saying is actually “it’s the economy, stupid,” but in actuality until interest rates start to recover a bit, the banking sector is going to continue to struggle. The first earnings...
View ArticleClik here to view.
Here it is…the Oracle’s 2012 letter…
I bring to your attention Warren Buffet’s latest letter to shareholders, published recently. If you’re new to these missives, you might want to troll through some of those from past years, because...
View Article
