Posts filed under “Credit”

Flawed Math on Student Loans

Category: Credit, Think Tank

Category: Credit, Think Tank

Interest Rates Aren’t Going Anywhere . . .

Source: BAML, Fiscal Times     I have been fairly agnostic on several issues related to where interest rates are heading. It has never been my job to forecast where the 10-year yield will be in six months. Not predicting and not caring are two very different things, however. Rates matter a great deal — to investors, to the economy…Read More

Category: Credit, Federal Reserve, Fixed Income/Interest Rates, Psychology, Really, really bad calls, Taxes and Policy

Mortgaging the Future?

by Òscar Jordà, Moritz Schularick, and Alan M. Taylor In the six decades following World War II, bank lending measured as a ratio to GDP has quadrupled in advanced economies. To a great extent, this unprecedented expansion of credit was driven by a dramatic growth in mortgage loans. Lending backed by real estate has allowed…Read More

Category: Credit, Real Estate, Think Tank

IMF Credit Outstanding By Member

Source: Capsidea

Category: Credit, Economy, Politics

The Great Global Sovereign Bond Shortage

Expectations of economists and pundits notwithstanding, interest rates are falling around the world. Despite the end of quantitative easing in the U.S., and the possibility that the Federal Reserve will raise rates later this year, the long-feared economy-killing yield spike has yet to appear. During the past few months, I have been discussing this with…Read More

Category: Credit, Fixed Income/Interest Rates

Sovereign Risk Indicator

Click for an interactive graphic. Source: BlackRock

Category: Credit, Digital Media, Politics

Goodbye to War Loan: 1917 to 2015

To commemorate this most interesting of gilts we have made a film about War Loan – one that tells the economic history of the UK through wars, default, the re-joining and leaving of the gold standard, the inflationary 1970s, the loss of the UK’s AAA credit rating, and finally the deflation that has followed the Great Financial Crisis.

 

Category: Credit, Video, War/Defense

Household Debt and Post-Recession Auto Lending

Household Debt and Post-Recession Auto Lending O. Emre Ergungor, Caitlin Treanor St Louis Fed, 03.06.2015       Household balance sheets have garnered significant attention since the 2008 financial crisis, with consumer debt being viewed as a contributor to the recession and household deleveraging emerging as a prominent feature of the recovery. In the third…Read More

Category: Credit, Cycles, Economy, Think Tank

Category: Credit, Think Tank