Comments on: Worsening Bank Loans

By: Deeply Oversold Bounce, Not Green Shoots | The Big Picture

Deeply Oversold Bounce, Not Green Shoots | The Big Picture — Mon, 06 Jul 2009 11:26:54 +0000

[...] foolish Green Shoots compost. As we have detailed since this nonsense first started spreading earlier this year, the data simply did not support the notion of a 2nd half recovery. Not only below [...]

By: hrux

hrux — Sun, 31 May 2009 03:13:34 +0000

Thanks to all for the comments

By: Cursive

Cursive — Sat, 30 May 2009 22:23:07 +0000

Yeah, but will it matter if there is PPIP? It seems like the banks’ problems are not even their problems anymore; the banks’ problems belong to the taxpayers. Moral Hazard to the power of 10. Geithner/Obama have innoculated the banks and given a terminal illness to the U.S. taxpayer. It’s called Fascism.

By: drollere

drollere — Sat, 30 May 2009 21:35:01 +0000

@franklin411 10:32am: i agree completely. there ought to be a big picture editorial policy under “data hygiene”: whenever possible, a standard “big picture, fusion iq” analysis time frame. my ideal choice would be: 1950 (or back to inception; we can’t track nasdaq back to 1950).

1950-2009 has the benefit of spanning several wars, fiscal policies, economic cycles, productivity spurts, inflation spates, bubbles, price spikes and market crashes, and is also pre- and post gold standard. every story, theory and prejudice would have an equal footing in the facts. of course, the data won’t be consistent across that period (cpi as one glaring example), but it’s better than nothing.

By: drollere

drollere — Sat, 30 May 2009 21:25:55 +0000

i love karma, because “what goes around, comes around.”

those who live by incompetence and delusion, fail by incompetence and delusion. and maybe … those who live by the short, die by the short.

“i’m losing patience …” — indeed.

By: Pat G.

Pat G. — Sat, 30 May 2009 19:33:32 +0000

“and the quality of loans is deteriorating at the fastest pace ever,”

Not too worry. The FED will just monetize some more debt which the taxpayers will be obligated to pay off.

By: frizzione

frizzione — Sat, 30 May 2009 19:00:06 +0000

Ben22, I take it you write the Elliott FF, since you’re not citing it and no one on this blog would ever plagarize.

By: drey

drey — Sat, 30 May 2009 18:37:13 +0000

Nevertheless, SRS continues to bump along it’s 52 week bottom as CRE implodes in slow motion.

Explanations? I’m running out of patience with some of these double inverse etf’s…

By: thetanman

thetanman — Sat, 30 May 2009 18:17:58 +0000

Obama calls the bottom and you guys think this market is going anywhere else besides where they want it to go. Just ask yourself, what does the cartel want? Does it want the market to go back to 666. No, not unless they need to scare people to get something through the congress, which is a rubber stamp anyway. So its up from here, with a few blips so the cartel can harvest some of our greed/and or trust. See you doubt the FED and administration and go short. You get squeezed and the cartel gets richer, and you get poorer. In a year or so the syndicates literally has all of the money and all we have are a bunch of pretty sounding arguments. The market has been climbing a wall of worry warts. If you want this move to end-quit opposing it!

By: tt79

tt79 — Sat, 30 May 2009 17:32:30 +0000

Irresponsible lenders, some of which do not follow “the rules” for this reason I made a website about removing a default notice from your credit file if you want to check it out.

I am not the master of website design! But the content I hope will be of use to someone.

Thanks

http://www.defaultremoval.com