Bad News for Housing Stocks, Good News for Homeowners? [View article]
This article shows the value of covered bond mortgage origination. The bank will keep the mortgage on its books and monitor the status. Adjustments and workouts with problem borrowers will be in the bank's interest to maintain their ability to make the bond payments.
Calling It Quits on Gold, Platinum - It's Time to Go Financials! [View article]
Nice article with specific thoughts on the direction of several sectors. I tend to agree the party is over for precious metals for a while. With so much negative sentiment against financials, the contrarian play makes huge sense.
I am sure all the gold bugs are happy with their gold going from $1000+ to about $860 while financials and homebuilders have gained 30% to 50%. At least they are passionate about losing their money!
Meredith Whitney Ratings [View article]
Bad News for Housing Stocks, Good News for Homeowners? [View article]
Calling It Quits on Gold, Platinum - It's Time to Go Financials! [View article]
I am sure all the gold bugs are happy with their gold going from $1000+ to about $860 while financials and homebuilders have gained 30% to 50%. At least they are passionate about losing their money!