Comments on: Are Credit Markets Reopening? http://www.ritholtz.com/blog/2009/04/are-credit-markets-reopening/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 19:57:10 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Еженедельный мониторинг рынков 13 — 17 апреля 2009 « Финсовет http://www.ritholtz.com/blog/2009/04/are-credit-markets-reopening/comment-page-1/#comment-165312 Еженедельный мониторинг рынков 13 — 17 апреля 2009 « Финсовет Sun, 26 Apr 2009 18:16:54 +0000 http://www.ritholtz.com/blog/?p=23853#comment-165312 [...] Джи И, Сити, Голдман Сакса и Джей Пи Морган Чейза. Казалось бы, и кредитные рынки приоткрываются: объёмы новых выпусков растут стремительно. ..Однако, [...] [...] Джи И, Сити, Голдман Сакса и Джей Пи Морган Чейза. Казалось бы, и кредитные рынки приоткрываются: объёмы новых выпусков растут стремительно. ..Однако, [...]

]]> By: vaughn http://www.ritholtz.com/blog/2009/04/are-credit-markets-reopening/comment-page-1/#comment-163256 vaughn Sun, 19 Apr 2009 19:30:22 +0000 http://www.ritholtz.com/blog/?p=23853#comment-163256 "I used to wonder why there was this fanatical need to believe the worst.... black is really white... this chart simply proves that Secretary Geithner and Chairman Bernanke have succeeded in turning this economy around..." fascinating. “I used to wonder why there was this fanatical need to believe the worst…. black is really white… this chart simply proves that Secretary Geithner and Chairman Bernanke have succeeded in turning this economy around…”

fascinating.

]]> By: Mark E Hoffer http://www.ritholtz.com/blog/2009/04/are-credit-markets-reopening/comment-page-1/#comment-163202 Mark E Hoffer Sun, 19 Apr 2009 00:31:49 +0000 http://www.ritholtz.com/blog/?p=23853#comment-163202 MA, you should speak further about: "...who are forced to do so, under the color of law.." I'm not sure that many capture the nuance of your point.. ~~ this: "Bottom line: great big chunks of Big Shitpile aren’t “impaired,” or “illiquid,” or “distressed,” they’re worthless, now and forever. All the more reason to shove them down the throats of the taxpayer."--Super-Anon, above though, is all too true.. MA,

you should speak further about: “…who are forced to do so, under the color of law..”

I’m not sure that many capture the nuance of your point..
~~

this: “Bottom line: great big chunks of Big Shitpile aren’t “impaired,” or “illiquid,” or “distressed,” they’re worthless, now and forever.

All the more reason to shove them down the throats of the taxpayer.”–Super-Anon, above

though, is all too true..

]]> By: DL http://www.ritholtz.com/blog/2009/04/are-credit-markets-reopening/comment-page-1/#comment-163173 DL Sat, 18 Apr 2009 19:57:33 +0000 http://www.ritholtz.com/blog/?p=23853#comment-163173 ahab @ 3:29 Opinions of administration officials don't count. ahab @ 3:29

Opinions of administration officials don’t count.

]]> By: DL http://www.ritholtz.com/blog/2009/04/are-credit-markets-reopening/comment-page-1/#comment-163172 DL Sat, 18 Apr 2009 19:56:13 +0000 http://www.ritholtz.com/blog/?p=23853#comment-163172 Transor Z @ 2:26 Outside of the financial sector, I think most will. (And if the banksters get their way with the politicians, the financial jobs may eventually come back also). Transor Z @ 2:26

Outside of the financial sector, I think most will.

(And if the banksters get their way with the politicians, the financial jobs may eventually come back also).

]]> By: call me ahab http://www.ritholtz.com/blog/2009/04/are-credit-markets-reopening/comment-page-1/#comment-163170 call me ahab Sat, 18 Apr 2009 19:29:05 +0000 http://www.ritholtz.com/blog/?p=23853#comment-163170 on my previous post- my personal favorite is # 13- eerily similar to what we are hearing now on my previous post- my personal favorite is # 13- eerily similar to what we are hearing now

]]> By: call me ahab http://www.ritholtz.com/blog/2009/04/are-credit-markets-reopening/comment-page-1/#comment-163169 call me ahab Sat, 18 Apr 2009 19:18:32 +0000 http://www.ritholtz.com/blog/?p=23853#comment-163169 ok- fact check- does everyone remember how the market climbed to 14,000 in 2007? Was everyone incredulous? I certainly was- I kept thinking- what is everyone so excited about? What does everyone see that I don't see. That is the difference between sites like this and the hype machine that drives the market. I WANT to put everything I have into shorts- because I think the economy will continue to deteriorate HOWEVER- there is the bias for the market to go up and the market participants wanting the same. So I dabble- I bought some shorts last week after having everything in cash- they didn't do so well. Also I wished I had listened to Kass (and leftback) on the bottom call- but I was skeptical so did not participate in the market rally. Investing is tough- mind bending stuff- that always gets me doubting myself- because there is always the opposing view that when pondered on has some merit. Having said all that- I still think that we could be in a lull similar to '31 cratering of the stock market. Additionally, from a philosophical perspective, I am angered at what the FED has done to the true savers- who are now making almost ZERO percent interest on their accounts after doing the"right thing". All with the intent of saving the over leveraged bankrupt risk takers. check out these quotes from 1929 to 1933- definitely makes you question the experts saying the coast is all clear. http://www.gold-eagle.com/editorials_01/seymour062001.html ok- fact check- does everyone remember how the market climbed to 14,000 in 2007? Was everyone incredulous? I certainly was- I kept thinking- what is everyone so excited about? What does everyone see that I don’t see.

That is the difference between sites like this and the hype machine that drives the market. I WANT to put everything I have into shorts- because I think the economy will continue to deteriorate HOWEVER- there is the bias for the market to go up and the market participants wanting the same. So I dabble- I bought some shorts last week after having everything in cash- they didn’t do so well. Also I wished I had listened to Kass (and leftback) on the bottom call- but I was skeptical so did not participate in the market rally.

Investing is tough- mind bending stuff- that always gets me doubting myself- because there is always the opposing view that when pondered on has some merit. Having said all that- I still think that we could be in a lull similar to ’31 cratering of the stock market. Additionally, from a philosophical perspective, I am angered at what the FED has done to the true savers- who are now making almost ZERO percent interest on their accounts after doing the”right thing”. All with the intent of saving the over leveraged bankrupt risk takers.

check out these quotes from 1929 to 1933- definitely makes you question the experts saying the coast is all clear.

http://www.gold-eagle.com/editorials_01/seymour062001.html

]]> By: Super-Anon http://www.ritholtz.com/blog/2009/04/are-credit-markets-reopening/comment-page-1/#comment-163167 Super-Anon Sat, 18 Apr 2009 18:32:58 +0000 http://www.ritholtz.com/blog/?p=23853#comment-163167 <i>Bottom line: great big chunks of Big Shitpile aren’t “impaired,” or “illiquid,” or “distressed,” they’re worthless, now and forever – unless the peak real estate values of the bubble can miraculously be restored.</i> All the more reason to shove them down the throats of the taxpayer. Bottom line: great big chunks of Big Shitpile aren’t “impaired,” or “illiquid,” or “distressed,” they’re worthless, now and forever – unless the peak real estate values of the bubble can miraculously be restored.

All the more reason to shove them down the throats of the taxpayer.

]]> By: Mannwich http://www.ritholtz.com/blog/2009/04/are-credit-markets-reopening/comment-page-1/#comment-163166 Mannwich Sat, 18 Apr 2009 18:32:32 +0000 http://www.ritholtz.com/blog/?p=23853#comment-163166 What happens to those corporate bonds when government-backing ceases? Will it ever cease? How will they pull away the safety net any time soon? Answer: they won't untill some unforeseen event occurs. Also ran into an attorney acquaintence last night whose focus is corporate bankruptcy. She's never been busier and expects to remain busy for quite some time. Says it's not slowing down but just ramping up. All the law firms want in on this area right now, as it is THE hot law practice. Basically lives at her office, workin 6-7 days a week every week. What happens to those corporate bonds when government-backing ceases? Will it ever cease? How will they pull away the safety net any time soon? Answer: they won’t untill some unforeseen event occurs.

Also ran into an attorney acquaintence last night whose focus is corporate bankruptcy. She’s never been busier and expects to remain busy for quite some time. Says it’s not slowing down but just ramping up. All the law firms want in on this area right now, as it is THE hot law practice. Basically lives at her office, workin 6-7 days a week every week.

]]> By: Transor Z http://www.ritholtz.com/blog/2009/04/are-credit-markets-reopening/comment-page-1/#comment-163165 Transor Z Sat, 18 Apr 2009 18:26:11 +0000 http://www.ritholtz.com/blog/?p=23853#comment-163165 Raise your hand if you think the jobs that are still hemorrhaging out of the economy are ever coming back. Raise your hand if you think the jobs that are still hemorrhaging out of the economy are ever coming back.

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