Seeking Alpha

bbro

bbro
Send Message
View as an RSS Feed
View bbro's Comments BY TICKER:
Latest  |  Highest rated
  • Deciphering the Yield Curve [View article]
    What about the corporate yield curve???
    Aug 19, 2010. 06:21 AM | Likes Like |Link to Comment
  • The Myth of the Great Bond 'Bubble' [View article]
    8/10/2010

    " For the first time since the start of the financial crisis in August 2007, US investors own more Treasuries than foreign holders. "

    www.bloomberg.com/news...
    Aug 19, 2010. 05:07 AM | 4 Likes Like |Link to Comment
  • Further Thoughts on My Treasury Meeting [View article]
    I know a lot of people believe the Fed engineers interest rates down
    but their influence wanes once you get into the realm of Baa corporate
    bonds (medium grade) even down to 90 day nonfinancial commercial
    paper....supply and demand considerations assert themselves....when
    people talk the yield curve being manipulated by the Fed there is a point with regard to treasuries but can someone explain the steepness
    of the corporate yield curve across all spectrums???
    Aug 19, 2010. 03:23 AM | 1 Like Like |Link to Comment
  • Yves Smith ridicules the notion that below-book value bank stocks are cheap, noting that bank earnings involve substantial "artwork" even in good times and are especially problematic now. The biggest banks are carrying large portfolios of second mortgages at "implausible" valuations, she says, and risky assets are carried "at marks well in excess of their likely long-term value."  [View news story]
    If someone has a good income and assets and is current on his home equity loan
    and the CLTV ( Combined Loan to Value) is over 100%...is this loan
    going to default??? Why would a person ruin their credit over something that has become an unsecured loan....You people act like
    every loan that is over 100% LTV is in imminent default....
    Aug 18, 2010. 04:07 PM | 1 Like Like |Link to Comment
  • A Bubble in the Bond Market [View article]
    Don'T you think the economic weakness ( primarily in the housing market) contibutes a great deal to the low interest rates....The Fed
    cannot directly effect medium grade coporate bonds or 90 day nonfinancial commercial paper....
    Aug 18, 2010. 12:00 PM | 1 Like Like |Link to Comment
  • Professional Double-Dip Guesses Are 'Probably' Wrong [View article]
    How does the FED rig a medium grade corporate bond?? For that
    matter a 90 day non financial commercial paper.....It can influence
    but Rigging is a bit of stretch....
    Aug 18, 2010. 08:03 AM | 1 Like Like |Link to Comment
  • America without bailouts: a functioning banking system, a healthier housing sector, much smaller federal deficits, no moral hazard. Barry Ritholtz describes what was done vs. what should have been done - and it's not the same as what was done vs. doing nothing.  [View news story]
    HIstory??? I think you need to reread some of your ( better yet somebody else's) history books....
    Aug 18, 2010. 01:27 AM | 1 Like Like |Link to Comment
  • America without bailouts: a functioning banking system, a healthier housing sector, much smaller federal deficits, no moral hazard. Barry Ritholtz describes what was done vs. what should have been done - and it's not the same as what was done vs. doing nothing.  [View news story]
    What a joke....
    Aug 17, 2010. 06:57 PM | 3 Likes Like |Link to Comment
  • The disconnect between stocks and bonds is so extreme that stock and bond investors might as well be from different planets. Stocks imply that investors have at least an OK economic forecast, but bonds paint an outlook of deflation and recession. But ultimately, comparing stocks to bonds as a whole is an "invalid comparison," Mish Shedlock says.  [View news story]
    S&P 500 Dividend Yield 2.05%...7 year Treasury 2.04%.....Gold 1225
    Pick your poison....
    Aug 17, 2010. 06:09 PM | 2 Likes Like |Link to Comment
  • "I don't know how I can be long stocks," Hayman Capital's Kyle Bass says, fearing the world is caught in a debt death spiral. Actually, he's mostly long U.S. assets but not equities; he favors "special situations" such as mortgages.  [View news story]
    S&P 500 dividend yield 2.05% or 7 year treasury at 2.04%.....pick your poison....
    Aug 17, 2010. 05:21 PM | 2 Likes Like |Link to Comment
  • Industrial Production: July Up, But June Is Now Negative [View article]
    Strong year over year percentage growth in industrial production- Business equipment which correlates with private payrolls....

    2010 07 11.662985534272300000
    2010 06 10.940087548440400000
    2010 05 9.972130840876540000
    2010 04 6.498836986179570000
    2010 03 2.567622901462060000
    2010 02 -1.693476805207350000
    2010 01 -2.911163478928050000
    2009 12 -8.770064190800400000
    2009 11 -6.684691555127320000
    2009 10 -3.701184045954620000
    2009 09 -6.860827905194900000
    2009 08 -13.941467107542600000
    2009 07 -15.503931700741400000
    2009 06 -16.905747884732300000
    Aug 17, 2010. 02:52 PM | 3 Likes Like |Link to Comment
  • Get out of Treasurys while there's still time, Marc Faber warns, as he's counting on inflation to eventually ramp up. "Whenever food prices go up, and grains have been very strong recently, with the sum delay, you get inflationary pressures," he tells CNBC. Faber cites a weakening dollar as a second reason to decrease holdings in U.S. debt.  [View news story]
    Which is it boys are we going to have rampant deflation or inflation??? Can't have both....
    Aug 17, 2010. 02:48 PM | 2 Likes Like |Link to Comment
  • Why the Housing Bulls Never Made Much Sense [View article]
    "The bigger conclusion, of course, is that it’s silly to look to economists to forecast anything at all. Not because they don’t have the tools, but just because it’s always possible to find an economist who’ll believe just about anything."

    Then why should we believe you????


    Aug 17, 2010. 12:03 PM | 1 Like Like |Link to Comment
  • New Residential Construction Report for July 2010 Shows Continued Pullback [View article]
    Residential investment now only 2.5% of GDP..4.4% of GDP is the
    30 year average...also this is the lowest Percentage of GDP of the
    data I have which goes back to 1969.....
    Aug 17, 2010. 12:00 PM | Likes Like |Link to Comment
  • Few people are happy with Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB), who back nine of every 10 home mortgages, but Andrew Ross Sorkin says the private market is not ready to step in for them. And why should it? Wall Street already has been burned by housing and would rather leave the bill with taxpayers, who have no choice.  [View news story]
    Homeownership was around 64% for decades....we got to 69% with
    no money down...low fico scores etc....today we are 67% and returning to normalcy....
    Aug 17, 2010. 10:38 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
9,911 Comments
15,727 Likes