Tag

Economic Growth
As I write this, the Dow has experienced its longest losing streak since 2011. Nearly 1/4th of the way into 2017, we are finally seeing some real volatility and more attractive investment opportunities are popping up each day.
Read More
This article written by Simon Johnson is another in a long line of commentary that is not supported by facts or solutions.  Obviously there is a lot of stress directly stemming from the situation in Europe and it will effect banks.  Currently banks in the United States have some of the highest capital and liquidity...
Read More
I agree 100% with Meredith Whitney when she says that the JP Morgan trades were prop trades.  It is rare for me to agree with Whitney but calling them anything else would simply be inaccurate.  A greater question is whether or not there is anything wrong with this.  I don’t have a problem with banks...
Read More
It’s not surprising that after last week Spain is looking for help from the ECB through the purchasing of bonds in the secondary market.  I think the ECB should definitely get involved while making sure Spain understands that their help is contingent upon them cutting the fat our of their budget.  The ultimate costs will...
Read More
EU lawmakers seem intent on turning a recession into a depression by imposing absurdly high capital requirements which would serve to stifle lending at the worst time possible.  This is one of the most obscene over reactions that I can imagine, and it is totally impractical for banks to raise that much capital when the...
Read More
Radical changes in the regulatory landscape in addition to enormously expensive costs pertaining to dealing with problem mortgages, have elevated banks’ cost structures over the last several years.  Revenues have been flat due to lackluster economic growth particularly in the banks’ bread and butter areas of real estate and commercial lending.  To confront these issues...
Read More
At TTCM we have maintained that their are two ways to resolve the European crisis.  The first way is to abandon the Euro currency and allow struggling countries to depreciate their currencies as has been the model for a millenium, prior to the establishment of the Euro.  The second way is to adopt the same...
Read More
The writing is on the wall for the slowdown in Chinese economic growth.  Unsustainable hard asset construction has been crucial for the cyclical buoyancy to many commodities such as iron, copper, crude oil, etc.  This Asian growth has been vital as the traditional economic heavyweights have been hindered through a severe recession, and several different...
Read More

Recent Comments

    Archives

    [vc_separator type=’transparent’ position=’center’ color=” thickness=” up=’6′ down=’6′]

    7242 East Cortez Rd
    Scottsdale, AZ 85260
    Phone: 805-886-8140
    Fax : 949-335-9784

    [vc_separator type=’transparent’ position=’center’ color=” thickness=” up=’6′ down=’6′]