The Institutional Risk Analyst

New York | This week in The Institutional Risk Analyst, we look at Q3 earnings for financials from 10,000 feet. We do this through four perspectives on four large US banks. If you want a closer look, purchase a copy of The IRA Bank Book for Q3 2019 in our online store. The Street has continued to retreat from previous estimates of bank earnings made just a few months ago. Some analysts have even figured out that bank earnings will fall for a few quarters. A number of banks

New York | We were in the car last week heading to Washington for the gala celebration for The American Conservative’s 15 years in existence. During the trip, we heard former auto industry executive Bob Lutz take down Tesla’s (TSLA) economic model live on CNBC. Talking to Carl Quintanilla, Lutz – who worked in senior management for all three US automakers – basically made two interesting points: that Tesla spends too much for its larger batteries and that the company’s labor

“Stock prices have reached what looks like a permanently high plateau." Irving Fisher October 1929 This Thursday The IRA’s Christopher Whalen will be in Washington to participate in an event at Cato Institute, “Financial Crisis and Reform," We'll talk with Cato's Ike Brannon about whether enough has been done to “fix” the problem, real or imagined, with Fannie Mae and Freddie Mac. The question posed by the title of the Cato Institute panel suggests that Washington has the sl