This page has been archived and commenting is disabled.
Newsbytes To Help You Frontrun Those Banks Frontrunning You!
In today's MSM front pages:
EU Seen Agreeing on Project Bonds—Not Eurobonds - of course not! 17 different nations, 17 different cultures, 17 different sets of federal laws (not to mention local municipality legislation), 17 different economies, 17 different banking systems... It's this lack of homogeneity that brought the Euro concept to its knees in the first place. Why throw good money (what would have went into Eurobonds) after bad (what went into a flawed Euro concept) to justify flushing it with awful (the multiple bailout mechanisms/default losses, ECB balance sheet bloat)? Reference A Summary and Related Thoughts on the IMF’s “Strategies for Fiscal Consolidation in the Post-Crisis
Germany Sells 2-Year, 0% Bonds Amid Greek Anxiety - Bubble, bubble, toil and trouble! It's as simple as that. Why lend money at risk for no return? Reference The Biggest Threat To The 2012 Economy Is??? Not What Wall Street Is Telling You... where I explained in explicit detail the risk this view of Germany causes the entire European continent and the UK! As a matter of fact, a follow up opinion of the subscription research illustrated subject company (an insurer) in this write-up will be the topic of my next post. After all, we can't let GS and JPM blow up the world by themselves, can we?
Roubini Strategist: High Yields Are Europe's New Normal This is a no brainer. How about high rate volatility as well as all of the financial entity fun that that will ensue? Here's a better question. What happens to real estate values as interest rates increase? Yep! You heard it here first... Watch As Near Free Money To Banks Fails To Prevent Nuclear Winter In European Real Estate. As a matter of fact, We're At Step 2 Of The Global Real Estate Compression!
Of course, after pondering that query, must become more investigatory - What happens to bank mortgages as CRE values plunge? So, Can Europe Nationalize All Of Its Troubled Banks?
CNBC reports Banks No Longer 'Float Above Their Countries': Deutsche - Banks' countries of origin have become important again. No shit, Sherlock!!!
I warned heavily last year about the connection between higher interest rates and falling real estate in Europe...
Reggie Middleton as the Keynote Speaker at the ING Real Estate Valuation Seminar in Amsterdam
Bank of England to Print Money if Economy Worsens - Well, you know I've always said The UK Can't Be In A Double Dip Recession If It Never Truly Left The First Recession, Can It?
As we clearly articulated two years ago, when it was alleged that recession was over, in the subscriber (click here to subscribe) document UK Public Finances March 2010:
UK_Public_Finance_Analysis_2.0_Page_01_copy
UK_Public_Finance_Analysis_2.0_Page_02
UK Retail Sales Slide at Fastest Pace in 2 Years in April - Well of course. Don't these guys read the BoomBust??? The Greatest Risk To Retail Commercial Real Estate Is? Sovereign Debt! Macro Headwinds! Popping Bubbles! Busted Banks! No, It's The Internet! and Prepare For CRE Crash And Burn Marks At A Shopping Mall Near You
'Nuff said! Subscribers, as (not if, but as) this breaks, these are the companies trading at the valuations that are most shortable/profitable in my opinion... Relevant downloads for subscribers only! Click here to subscribe...
US CRE
US REIT Fire Sale Scenario Analysis US REIT Foreclosure Scenario Analysis- US REIT Sample Property Valuation
- US REIT Cashflows and Debt Preliminary Analysis
European Insurance
European CRE (this one is a bit dated)
European banking
And the cat that was already let out of the bag...
Follow me...
- advertisements -
"...17 different nations, 17 different cultures, 17 different sets of federal laws (not to mention local municipality legislation), 17 different economies, 17 different banking systems... It's this lack of homogeneity that brought the Euro concept to its knees in the first place."
Can a similar conclusion for lack of homogeneity be drawn to the USA? The northeast and left coast continues with their big government, bloated budgets and raising taxes while the south and portions of the midwest are beginning to live within their means and seeing their economies slowly turn around.
When I see the US military practicing urban warfare, CONgress passing the NDAA and a soon-to-come national election with no unifying candidate it makes me wonder if TPTB haven't come to a simliar conclusion.
Was the Igor Panarin correct?
Dear Reggie
Why don’t you post something about Facebook?
That New Third Country invented in the US,
…only surpassed by China and India in virtual population…
…With no real economic production…
… With a IPO the size of Portugal Baillout….
That has just left a lot of investors without +20% of the invested capital.
Am I wrong or is that riskier than Greece, Ireland, Portugal, Spain, and Italy?
We all need roadmaps as to where this market is going. My friend provides one I highly recommend!
Reggie....I always have loved how you call them like it is. You called the real estate crash. Big banks and mtg banks as walking zombies and the latest tech dogs. You go man.
http://humblestudent777.blogspot.com/
sorry i didn't make it all the way to the end of the essay -
the 'win dinner with obama' flashing ad was just too much to ignore
jb
"Why lend money at risk for no return? "
Great question Reggie ...over to Europe????????
Experimental variable negative interest rate?