What, If Anything, Are CDS Spreads Telling Us? [View article]
Thanks Rakesh, I have learned a lot from your articles. I have been staying out of bonds all together, not just because of CDS data, but because systemic risk doesn't care if you own common stock or senior bonds.
S&P 500 Financial Sector Market Cap Continues to Sink [View article]
I think that this clearly shows common stock in banks is meaningless. The government and the banks don't care about common stock holders. Common stock is now a vehicle to steal capital through stock offerings. (actually maybe that's all over already, maybe it's just a vehicle to lose value).
I don't think there is a regulatory solution to the problem. If you buy bad crap with lots of money, then you get hurt ...a lot.
I personally am short BAC right now. I imagine there is a whole lot off money in the stock who thought the GSE bailout would start a financial led market recovery. Now that it's not happening, they have to sell.
Corporate Fraud + Government Intervention = Bailout Nation [View article]
As for forward looking statements. How about 1. Treasuries start dropping in price. 2. rates go up mildly. 3. Large banks fail any way. 4. We elect a socialist by our uneducated, functionally illiterate majority 5. More poor spending from our government as more capital comes under their control, as they force higher taxes to cover their budget shortfalls. 6. More government short falls. 7. More borrowing from other countries on bad terms for us. 8. We lose much of our international leadership. 9. Getting a job teaching English in Asia becomes a great way to take care of yourself.
I know this is all speculative as heck, but I just started my interest in economics last year. concisetrading.blogspo.../ Ryan
What, If Anything, Are CDS Spreads Telling Us? [View article]
Ryan
concisetrading.blogspo.../
S&P 500 Financial Sector Market Cap Continues to Sink [View article]
I am buying RF puts, and I am not alone.
concisetrading.blogspo.../
Ryan
Is This Government Calming and Confidence Building? [View article]
concisetrading.blogspo.../
Global Capital Asset Death Spiral [View article]
I personally am short BAC right now. I imagine there is a whole lot off money in the stock who thought the GSE bailout would start a financial led market recovery. Now that it's not happening, they have to sell.
I posted my exact trade at concisetrading.blogspo.../
Ryan
Which Banks Will Survive? [View article]
concisetrading.blogspo.../
Ryan
Corporate Fraud + Government Intervention = Bailout Nation [View article]
1. Treasuries start dropping in price.
2. rates go up mildly.
3. Large banks fail any way.
4. We elect a socialist by our uneducated, functionally illiterate
majority
5. More poor spending from our government as more capital comes under their control, as they force higher taxes to cover their budget shortfalls.
6. More government short falls.
7. More borrowing from other countries on bad terms for us.
8. We lose much of our international leadership.
9. Getting a job teaching English in Asia becomes a great way to take care of yourself.
I know this is all speculative as heck, but I just started my interest in economics last year.
concisetrading.blogspo.../
Ryan
Finding Value in the P/B Ratio [View article]
concisetrading.blogspo.../
Ryan