An Investigation Into Large And Complex Banks
by Donald P. Morgan – Liberty Street Economics, Federal Reserve Bank of New York The chorus of criticism levied against mega-banks has, in some cases, outrun the research needed to …
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What A Bank Run In China Looks Like: Hundreds Rush To Banks Following Solvency Rumors
Curious what the real, and not pre-spun for public consumption, sentiment on the ground is in a China (where the housing bubble has already popped and the severe contraction in …
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Easy Chips? Not EZchip
Chips are not always so easy. Yes, SIMO has been a stock I have done no wrong on since early last year. That stock seems to like me or I …
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Treasury Sells 2 Year Paper At Highest Yield Since May 2011
Moments ago the Treasury sold $32 billion in 2 year paper. Those who have been keeping track of the amazing bear flattening in rates in the past week will probably not …
Read More Consumer Confidence Bounces Back In March
The Latest Conference Board Consumer Confidence Index was released this morning based on data collected through March 14. The 82.3 reading was above the 78.6 forecast of Investing.com and 4.0 above the February 78.3 …
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Stocks Are Dumping As Biotechs And Momos Resume Drop
Oh the dashed hopes…Â Just as we warned earlier… the dreams that yesterday was the dip to get back in and ride the waves of central bank largesse to another double …
Read More Still Working The Semi’s… SIMO
Silicon Motion (SIMO) was sold on the pop and as it dutifully pulled back yesterday it was bought back. I don’t know, seemed like the thing to do. As long …
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Stress Testing The Fed
The Federal Reserve has purchased a large amount of longer-term bonds since December 2008. While these purchases have helped support a strengthening economy, the Fed’s resulting financial position may incur …
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Consumer Confidence Jumps To 6-Year High (Led By Surge In Hope)
The ‘recovery’ has reached a new cyclical high in consumer confidence. Despite the economic growth sapping, recovery dampening, Fed tapering, consumers have not been more exuberant since January 2008. Of course, …
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