Category Archives: Banking

Negative rates in 60 seconds – FT

As the European Central Bank considers adopting negative interest rates to counter low eurozone inflation, FT economics editor Chris Giles explains what you need to know about negative interest rates − in 60 seconds. For more video content from the … Continue reading

Posted in Banking, ECB, Euro | Tagged , , | Leave a comment

Financials Show Strength

We noted a few days ago the bullish cup and handle formation in the financials (XLF).   This is one of our favorite charts and strength/leadership in the financials will bode well for the overall market into year end. The XLF … Continue reading

Posted in Banking | Tagged , | 3 Comments

Financials Breaking Out

Check out the strength in financials (XLF).   Year end strength is this sector will be just what the doctor ordered to keep the rally going. The bullish cup and handle formation sets up a measured move to $22.60, or about … Continue reading

Posted in Banking, Equities | Tagged , , | Leave a comment

Unsettling times at UBS – FT

Third quarter numbers were ugly for UBS and there was more bad news from the regulators. Lex’s Nikki Tait and Oliver Ralph discuss the latest developments at one of Europe’s biggest banks. For more video content from the Financial Times, … Continue reading

Posted in Banking, Equities | Tagged , | Leave a comment

The Lehman legacy: Lessons learned? – Economist

Five years on from the collapse of Lehman Brothers and the advent of the global debt crisis, our correspondents assess whether the world economy is sufficiently protected from future shocks.   – The Economist (click here if video is not observable)

Posted in Banking, Credit | Tagged , , | Leave a comment

Stratfor: Banking Reform on Hold in Mexico

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)

Posted in Banking, Emerging Markets | Tagged , , | Leave a comment

Nervousness in over-banked Europe slams markets

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

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

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

Posted in Banking, Cartoon of the Day | Tagged , | Leave a comment

60 Minutes: Greg Smith, Goldman, & Muppets

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

Posted in Banking, General Interest, Video | Tagged , , , | Leave a comment