NYT interactive chart of forecasts and how they missed reality
How to build successful online business
Sphere: Related Content
NYT interactive chart of forecasts and how they missed reality
How to build successful online business
Sphere: Related Content
Ai note: why are they listed any more?
All you zombies hide your faces
All you people in the street
All you sittin’ in high places
The pieces gonna fall on you
– “All You Zombies”, The Hooters (1985)
Fannie and Freddie still the biggest zombies
Fannie lost a whopping $23bn in the first quarter – amazingly, less than in the previous [...]
Ai note: if we believe in stress tests
written by James Quinn
I believe I have uncovered the largest conspiracy in history. The government wants you to believe that banks are recovering, housing has bottomed, stimulus works, borrowing leads to prosperity and war leads to peace. President Obama and his cronies at Treasury and the Federal Reserve [...]
Ai note: I vote for Jesse
written by Jessé (Café Américain)
Do not get in front of this rally on the short side. It appears to be the end of month tape painting, but the primary short term trend is still up.
If we break key supports it may drop quickly.
This ‘could be’ an official reflation, supported by [...]
Money and Morning:
The assumption of testing through the end of 2010 means only that a two-year window was established for definitive calculations. Under this scenario, examiners assumed two-year cumulative losses of 8.5% on mortgage portfolios, 11% on home-equity lines of credit, 8% on commercial and industrial loans, 12% on commercial real estate loans, and 20% [...]