Entries from October 2009
October 23rd, 2009 · 1 Comment
To Our Clients, Colleagues and Friends,
Did you see that Bloomberg just bought Business Week for only $5 million? Further evidence that print media seems to be dying.
Between 1985-1972, we had 1,373 banks fail, for an average of 171 failures a year. This year, 100 have failed, giving us a probable 135 bank failures by [...]
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Tags: Commentary · Garrett Watts · Mortgage Market
Do the “Alphabet Song” and “Twinkle, Twinkle Little Star” have the same tune? And did you just try singing the two songs?
Generally speaking, mortgage folks are a pretty optimistic bunch, although “trust but verify” is an approach that many use in their business lives. It turns out that the HVCC, which has good intentions but [...]
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Tags: Commentary · Mortgage Market · Rob Chrisman
Some Observations about Spot Interest Rates and Forward Interest Rates: with help from Jason Benderly, Jim Bianco, Ned Davis & Howard Simons – David Kotok – good thoughts plus explanation of foreward yield curves – Cumberland Advisors ———— London Agents ‘Sold Out’ as Home Prices Reach [...]
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Tags: Mortgage Market
<<< website has updated – check it out
To Our Clients, Colleagues and Friends,
Is it just us, or are you also addicted to American Banker? This daily newspaper has been published continuously since 1836 when Andrew Jackson was President. Do you think his fierce opposition to the national bank might have been connected to [...]
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Tags: Commentary · Garrett Watts · Mortgage Market