buckbuck

More Banks Default, Gold Flirts with a Grand

35%=63 bln....at face value.....what about the leverage used in derivatives of those loans?

Fitch Sees Signs of U.S. Subprime Asset Value Stabilization

yesterday someone mentioned there was 700 bln of helocs, alt a's and commercial debt coming due. The problem lies with the 40x leverage applied to that debt in the derivatives market......right?

Four Indicators for When to Exit the Rally

Considering 60$ as normalized earnings is ridiculous..........maybe 20$ would be more realistic!

Increasing Housing Starts Is Not Good News

the underlying tone of the multiple family dwellings increase could lead one to believe that those who have lost their homes are renting or leasing...........the supply of homes on the market will continue to rise as alt-as reset thru 2013. Also the 90 day foreclosure moratorium was lifted in april.

Housing Prices May Have Stopped Falling

foreclosures

Housing Prices May Have Stopped Falling

I live in the Central Valley of California.........even our local news is broadcasting the new wave of Alt-A loans ressetting.........for... are increasing rapidly......the price of real estate is still retreating here!

S&P 500: There Is No P/E (Part II)

manipulation!

S&P 500: There Is No P/E (Part II)

Sorry.....losing is spelled with one o........and after maybe it should read.........manipulat... thats better.

S&P 500: There Is No P/E (Part II)

Individual companies or not........450 of the 500 are loosing money.......so what does that mean.........maybe.......

State of the Recession: Long Way to Go

Wells Fargo posts a profit.......duh......... receiving 25 bln. $ from the tax payer...........that's pretty creative accounting.......wish I could pull it off.

America's Financial Oligarchy Still Rules

Unfortunately every American tax payer will pay dearly for the indulgences of the elite CEO's of financial institutions..........and we and our country will pay for decades!

Bring on the Alt-A Downgrades

And when they're tapped out their home, and home equity loan....you will see an increase in credit card defaults.......it,s cash to be used to the limit. Real estate and the financials are, and will be strapped for liquidity.

U.S. Market Setting Up for a 2nd Half Rally

I agree with Voltaic, listening to the pundits call a bubble....they could'nt call the tech pop, they're in the dark too. The market has to correct on its own, the Fed bailouts are at or near an end...they,re running out of ammo. The sooner the correction comes the sooner we can begin a recovery.

Still Bearish on Financials - Stop Trading! (5/29/08)

C uses smoke and mirrors, and double talk. On one hand they say they're not breaking the company up. On the other hand they are selling off 400 million in assets... which one is it??

U.S. Market Setting Up for a 2nd Half Rally

I don't believe we're closer to the end....how can that be? Not everyone entered the home market in two quarters, credit problems have just started to reveal themselves. As the housing boom accelerated....so will the defaults....IMO. We are closer to the beginning than the end of the financial crisis...foreclosures and defaults will increase into 2009.