Leverage Is an 8 Letter Word If Loans Are So Cheap, Why Don't They Sell? Deflation and Helicopters: Time for a Review Commercial Property Loans Start to Haunt the Banks Warren Makes a Bet Thanksgiving, Moving, and New Orleans Leverage is an eight-letter word, which the markets now regard as twice...
Posted to
Thoughts From The Frontline
by
John Mauldin
on
11-21-2008
Filed under:
Filed under: The Fed, Ben Bernanke, Consumer Price Index, Credit, Warren Buffet, Credit Crisis, Housing Crisis, Deflation, Deleveraging, Commercial Property, Goldman Sachs
Electing the Janitor-in-Chief Can't Borrow on Your Home? Whip out the Credit Card! Deficits as High as an Elephant's Eye Can You Count to 41? Chairs, Moving, and Tony Bennett This week we survey the economic landscape that the new president will inherit. It is a polite understatement to say that...
It's All About the Spread The Coming Bank Credit Crunch More Thoughts on Fannie and Freddie Who Is Holding the Old Maid? Baltimore, La Jolla, South Africa, and London When is the credit crisis going to end? How will we know? The credit crisis is getting ready to enter its second phase. This week...
$1.6 Trillion in Losses and Counting Banks Start to Reduce Their Lending Take Freddie Mac. Please. The Ugly Muddle Through Once Again, the BLS Numbers Paint a False Picture Las Vegas, Maine, and a Wedding It seems that with each passing month the estimates for losses in the international banking system...
In this issue: A Confidence Credit Crunch Credit Crisis How Much is That Dog in Your Net Capitalization? King Dollar Faces the Guillotine The Euro-Yen Cross The Consumer is Getting Tired New York, Philadelphia, Switzerland and Phoenix Just when it felt like it was safe to get back in the water, a second...
Introduction Who should we blame for the problems in the credit markets? This week in Outside the Box my good friend Barry Ritholtz takes on the task of pointing his prodigious finger at the guilty parties. As he notes, there is plenty of guilt to go around. This is a problem that is going to stay with...
The Subprime Virus The Subprime Virus 2007 Mid-Year Forecast Compete With the Pros When the Facts Change Credit? What Credit? global Warming, Maine and San Antonio As predicted in this letter early this year, the credit markets have finally begun to tighten, as a major re-pricing of risk is underway...
Introduction This week we continue to look at an alphabet soup of problems: RMBSs, CDOs, Alt-A, BBB and - a new acronym to put on your radar screen - the very useful CDS. When does an AAA rating not mean an offering is ready for prime time? What type of contagion are we seeing from the Bear Stearns blow...