Archive - Oct 29, 2009 - Blog entry
Conservatives and Liberals Agree: Proposed Bank Oversight Bill Will Make Things Worse
Submitted by George Washington on 10/29/2009 13:44 -0500When a liberal labor leader and a conservative financial policy
analyst unite against something, you know that something is really bad (actually, I don't believe in the whole fake left-right dichotomy; I think its Americans versus those trying to steal our wallets and our rights, but that's another story).
"Money Multipliers Have Collapsed Everywhere...Confidence Is Missing. I Don't See Any Way To Stabilise M3 In Such Circumstances"
Submitted by George Washington on 10/29/2009 13:37 -0500Why is M3 falling?
Hotel Hell: Reggie Middleton's Review of CRE and Starwood's Q3-09
Submitted by Reggie Middleton on 10/29/2009 13:22 -0500How bad will the luxury hotel market get? Well,,, Pretty bad. All of those BS, "better than expected" earnings surprises off of severely lowered estimates stem not from top line revenue gains or economic progress, but from hacking jobs and cost cutting. Ya' think those Four Seasons', et. al. hyper-luxury executive suites are included in those cuts somewhere??? Here are all of those pretty graphs and interconnected hyperlinks to help tell the story...
European Highlights: October 29
Submitted by Cheeky Bastard on 10/29/2009 07:43 -0500These are some of the more important stories concerning the European economy
Deposit Insurance Arbitrage
Submitted by Reggie Middleton on 10/29/2009 04:25 -0500Hey, the little banks are doing their derivative thang too!
The Unforgettable Lessons of Hyman Minsky
Submitted by inoculatedinvestor on 10/29/2009 01:02 -0500In the ongoing debate between the so called freshwater and saltwater economists about how the US got into this mess and how we are going to get out, what somehow often gets lost are the prophetic words of Hyman Minsky. Investors would be well advised to understand Minsky’s ideas concerning financial instability, especially given the current market euphoria.
