Entries from August 2009

Economy Leverage Markets: US Dollar, Batteries, Stocks, Cap and Trade, Dash To Trash, Financial Engineering, Pay The Piper, Leverage, Mauldin, Recovery, Japan

August 31st, 2009 · No Comments

   great chart – The Rise And Fall Of The US Dollar – Submitted by Tyler Durden – hat tip John Cervarich – Zero Hedge  – original hi-res chart at mises.org———— BATTERY SECTION: How PHEVs and EVs Will Sabotage America’s Drive For Energy [...]

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Tags: Mortgage Market

The Garrett, Watts Report (August 31, 2009)

August 31st, 2009 · No Comments

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To Our Clients, Colleagues and Friends,

We went on college tours this past week, and a couple of quick impressions:  (1) An overly-big part of your first impression has to do with the personality of the tour guide, (2) all tours sound pretty much the same, (3) you need to resist the temptation to judge a [...]

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Tags: Commentary · Garrett Watts · Mortgage Market

Float down policies of interest again; Fannie’s stance on TBW loans

August 31st, 2009 · No Comments

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When I was growing up, no one that I knew of wanted to be a “purchasing manager”. (Or, for that matter, a mortgage banker, but look where that got us!) Anyway, purchasing managers are surveyed, and the results can make the financial markets move. What exactly is a purchasing manager? Whether for use by their [...]

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Tags: Commentary · Mortgage Market · Rob Chrisman

Fed Disclosing Data: Barney’s Fed Audit and Ron Paul Bill

August 30th, 2009 · No Comments

  Racketeering 101: Bailed Out Banks Threaten Systemic Collapse If Fed Discloses Information – by Tyler Durden – And so the guns come out blazing. The Clearing House Association, another name for all the banks that were bailed out over the past year with the generous contributions from all of [...]

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Tags: Mortgage Market