Category Archives: Banking

Stratfor: Banking Reform on Hold in Mexico

Posted on April 23, 2013 by

Stratfor Director of Analysis for Latin America Karen Hooper discusses political infighting in Mexico and the country’s prospects for continued reform. For more analysis, visit: http://www.Stratfor.com (click here if video is not observable)

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Nervousness in over-banked Europe slams markets

Posted on March 25, 2013 by

Those who live in glass houses shouldn’t throw stones.  Mess with the banks and Europe gets nervous.  After getting all lathered up over the Cyprus deal, markets tanked when the head of the Eurogroup of euro zone finance ministers,  Jeroen … Continue reading →

Posted in Banking, Euro | Tagged , , | 1 Comment

The Fed on Food Stamps

Posted on December 13, 2012 by

Wow!   The food stamp program is now equivalent to 14 percent of all U.S. grocery store sales. Though the Fed indirectly finances the food stamp program with its purchase of treasury securities — $45 billion per month starting in January … Continue reading →

Posted in Banking, Monetary Policy | Tagged , , | 1 Comment

‘Toon of the Day: Populist Religion

Posted on November 28, 2012 by

Does that look like Jamie? (click here if cartoon is not observable)

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60 Minutes: Greg Smith, Goldman, & Muppets

Posted on October 22, 2012 by

In case you missed last night’s 60 Minutes interview with former Goldman Sachs investment banker, Greg Smith, click here. When people leave Goldman, they tend to do it quietly. Though the firm’s gold-plated reputation took a big hit after the … Continue reading →

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Pandit felt it was time to “move on” from Citi – Reuters

Posted on October 16, 2012 by

Reuters Breakingviews’ Rob Cox spoke to Vikram Pandit and says the CEO left Citi on his own accord after he felt he had rebuilt confidence and capital in the bank. (click here if chart and video are not observable)

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Draghi Speaks, Markets Go Berserk

Posted on September 6, 2012 by

The potential disappointments were there in Draghi’s OMT policy announcement.   The markets didn’t care, however, as the perceived tail risk of sovereign default was taken off the table as was a Euro banking collapse circumvented by the LTROs. Central bankers … Continue reading →

Posted in Banking, ECB, Economics, Euro, Eurozone Sovereign Spreads, Monetary Policy | Tagged , , | 1 Comment

Will the smelly macro eat the micro?

Posted on July 10, 2012 by

Ugly macro as the three swans are back with a vengeance.   China hard landing fears;  Eurozone debt and banking crisis (say it ain’t so, Mario!); and fears of a rapidly slowing U.S. economy. Are the swans  in the latest quarterly … Continue reading →

Posted in Banking, Black Swan Watch, Earnings, Economics, Equities, Euro, Technical Analysis | Tagged , , , , | Leave a comment

Just Another Panic Monday in Euroland

Posted on June 25, 2012 by

Last week’s rally in Euroland was short lived with today’s big sell-off (see charts below).  The political tensions are coming to the surface and markets don’t like want they see and don’t see a positive outcome. As the Germans think … Continue reading →

Posted in Banking, Black Swan Watch, Eurozone Sovereign Spreads, Germany, Sovereign Debt, Sovereign Risk | Tagged , , | 2 Comments