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asragovParticipant
The always excellent Roubini Global Economics Monitor has been explaining this crisis as a problem of solvency, not liquidity:
http://www.rgemonitor.com/blog/roubini/209779/
It is hard to imagine any bailout that the banks will go along with, if it will only help the consumer. I expect that the bailout of everyone would be politically impossible, as it would be too huge.
Originally used by Bill Gross at PIMCO, “the constipated owl” (where nothing is moving) is a great expression for the current state of the credit markets:
asragovParticipantThe always excellent Roubini Global Economics Monitor has been explaining this crisis as a problem of solvency, not liquidity:
http://www.rgemonitor.com/blog/roubini/209779/
It is hard to imagine any bailout that the banks will go along with, if it will only help the consumer. I expect that the bailout of everyone would be politically impossible, as it would be too huge.
Originally used by Bill Gross at PIMCO, “the constipated owl” (where nothing is moving) is a great expression for the current state of the credit markets:
asragovParticipantThe always excellent Roubini Global Economics Monitor has been explaining this crisis as a problem of solvency, not liquidity:
http://www.rgemonitor.com/blog/roubini/209779/
It is hard to imagine any bailout that the banks will go along with, if it will only help the consumer. I expect that the bailout of everyone would be politically impossible, as it would be too huge.
Originally used by Bill Gross at PIMCO, “the constipated owl” (where nothing is moving) is a great expression for the current state of the credit markets:
asragovParticipantIt seems like it is “too big to fail.”
Although being somewhat outside the banking system, CFC presents a difficult policy challenge.
You might enjoy this post, from over at Minyanville, “CFC empties out on Widowmaker”:
http://www.minyanville.com/articles/CFC-mortgage-moody%27s-bill+poole-mer/index/a/13734
asragovParticipantIt seems like it is “too big to fail.”
Although being somewhat outside the banking system, CFC presents a difficult policy challenge.
You might enjoy this post, from over at Minyanville, “CFC empties out on Widowmaker”:
http://www.minyanville.com/articles/CFC-mortgage-moody%27s-bill+poole-mer/index/a/13734
asragovParticipantIt seems like it is “too big to fail.”
Although being somewhat outside the banking system, CFC presents a difficult policy challenge.
You might enjoy this post, from over at Minyanville, “CFC empties out on Widowmaker”:
http://www.minyanville.com/articles/CFC-mortgage-moody%27s-bill+poole-mer/index/a/13734
asragovParticipantThis is risky territory, so let’s look at just two of the risks:
– Currency risk (New Zealand dollars vs. US dollar – very volatile). The trend has been mostly up the past five years, but there have been plenty of periods where it has not been that way (depending on how long you are going for):
http://finance.yahoo.com/q/bc?s=NZDUSD=X&t=5y
– New Zealand’s own bubble:
http://www.forbes.com/markets/2007/04/26/new-zealand-kiwi-markets-currency-cx_vk_0426markets05.html
Does this sound familiar (“the Reserve Bank of New Zealand today warned that unsustainable home lending was placing the entire economy at risk”)?
http://www.debtdeflation.com/blogs/?cat=16
Maybe just enjoy New Zealand and its beautiful scenery, rather try to speculate in this volatile environment…. ?
asragovParticipantThis is risky territory, so let’s look at just two of the risks:
– Currency risk (New Zealand dollars vs. US dollar – very volatile). The trend has been mostly up the past five years, but there have been plenty of periods where it has not been that way (depending on how long you are going for):
http://finance.yahoo.com/q/bc?s=NZDUSD=X&t=5y
– New Zealand’s own bubble:
http://www.forbes.com/markets/2007/04/26/new-zealand-kiwi-markets-currency-cx_vk_0426markets05.html
Does this sound familiar (“the Reserve Bank of New Zealand today warned that unsustainable home lending was placing the entire economy at risk”)?
http://www.debtdeflation.com/blogs/?cat=16
Maybe just enjoy New Zealand and its beautiful scenery, rather try to speculate in this volatile environment…. ?
July 17, 2007 at 9:46 AM in reply to: Research (or Speculation) as to timeline for Mortgage Resets and NODs #66139asragovParticipantThe link between ARM resets and the bottom may not be exact.
For example, it might take some time for tighter credit standards to cause problems in the market.
I think that the graph helps give some insight into the timing of malaise, but may not tell you when the bottom is, because the market will be pushed there by a number of factors.
July 17, 2007 at 9:46 AM in reply to: Research (or Speculation) as to timeline for Mortgage Resets and NODs #66203asragovParticipantThe link between ARM resets and the bottom may not be exact.
For example, it might take some time for tighter credit standards to cause problems in the market.
I think that the graph helps give some insight into the timing of malaise, but may not tell you when the bottom is, because the market will be pushed there by a number of factors.
asragovParticipantSee also:
http://immobilienblasen.blogspot.com/ (macro-level finance of bubbles, with a lot related to the housing bubble)
asragovParticipantSee also:
http://immobilienblasen.blogspot.com/ (macro-level finance of bubbles, with a lot related to the housing bubble)
asragovParticipantIt’s not the yield.
The dollar has been a pretty lousy investment as currencies go, and holding a currency that is depreciating is not something that everyone wants to do.
Here is a chart of the dollar versus the Euro over the past five years.
asragovParticipantIt’s not the yield.
The dollar has been a pretty lousy investment as currencies go, and holding a currency that is depreciating is not something that everyone wants to do.
Here is a chart of the dollar versus the Euro over the past five years.
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