The Institutional Risk Analyst

Teton Springs | In this issue of The Institutional Risk Analyst, we take a prospective look at Q2 2107 earnings for the large cap banks...

“When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and...

New York | News last week that European Central Bank chief Mario Draghi was considering an end to the ECB’s extraordinary purchases of...

Q: Are the annual stress tests good for bank stocks? See discussion on Yahoo Finance by clicking here (Interview starts at 12:30). Early...

Grand Lake Stream | The IRA is writing today from Camp Kotok, which is held each year at Leen’s Lodge in Grand Lake Stream, Maine. We...

“Markets go up on an escalator, they come down on an elevator. This is the most hideously overvalued market in history.” David Stockman...

Below are some thoughts for the discussion at Cato Institute in Washington, D.C., today, “Financial Crisis and Reform: Have We Done...

“Stock prices have reached what looks like a permanently high plateau." Irving Fisher October 1929 This Thursday The IRA’s Christopher...

In this issue of The Institutional Risk Analyst, we speak to John A. Kanas, Chairman of BankUnited (NYSE:BKU). Kanas rose to prominence...

"[F]rom early spring throughout 2009 and until mid-year 2010, the Fed engaged in the first major quantitative easing program of purchases...

Financials swooned this week as investors now seem to accept that much of the Trump program is in doubt – at least for 2017. No surprise...

In the mid 2000s, just before the financial crisis began, US banks were reporting credit metrics for all asset classes in loan portfolios...

In this issue of The Institutional Risk Analyst, we speak to Sanjiv Das, CEO of Lonestar’s Caliber Home Loans, a home mortgage originator...

“Europe is now a continent of widespread economic misery, of financial collapse, of disappearing faith in ‘mainstream’ political parties...

In an October 1925, speech in Birmingham, Michigan, Senator James Couzens, the business partner of Henry Ford, sketched out a vision of...

What do the US residential housing market, the stock market and the dollar all have in common? All of these markets represent bubbles...

Last week The IRA’s Chris Whalen participated in the Executive Roundtable in San Francisco, hosted by the Morrison Foerster Law firm. We...

This week provides an interesting comparison between two “financials,” Bank of America (NYSE: BAC) and Goldman Sachs (NYSE:GS). The...

“Anyone taken as an individual is tolerably sensible and reasonable – as a member of a crowd, he at once becomes a blockhead.” Friederich...

Since the November 2016 election, large cap financials have moved sharply higher, in the case of Bank of America (NYSE:BAC) up almost 60%....