Very sensible stuff from Barron’s
How to get credit flowing again? Well, the following article from Barrons provides a couple of sensible steps.
New regulation will be under way
It’s not the main focus right now, as in the present climate, the risk of institutions not taking any risk (by lending out, that is) is far greater than the […]
How regulation can make a difference
Here is a good example of some of the things we have been stressing. Our thesis is that market fundamentalism went too far in the US, leading to underregulated or […]
Ever wondered why the dollar is making a comeback?
The US is in the midst of a financial crisis of epic proportions. The patient is on intensive care and it has just been administred a medicine that not all […]
De-leverage
That’s basically the name of the game for the last couple of months. It has something of a vicious cycle in it as well, as overly extended institutions sell because […]
Some good may come out of all this
Excesses have led to a big mess. When the dust settles, at least a little bit, some good might come out of all this. Capitalism’s main strength is that it […]
Some banks have already turned the corner
It might be forgotten, but there are big banks out there that seem (although we agree that this is a dangerous word) already on the mend. USB of Switzerland is […]
Emerging markets to recover soon
At least according to Mark Bobius. And actually, not that soon, but “within 14 months.” We sort of agree. More often than not, financial crisis originate in emerging markets (Thailand […]
Recapitalize the banks!
Central banks (both the Fed and the ECB) are ‘considering’ rate cuts, but they cannot even enforce their own interest rates in the money markets, as these soar again. Anyway, […]
Accounting our way out of the mess..
The SEC is slowly waking up to what has been going on and moving another inch. This time on an accounting rule that according to some, has played an important […]