R. Christopher WhalenOct 17, 20227 minWill the FOMC Break the Financials?Will the market risk created by quantitative tightening (QT) tip over a large bank or nonbank financial firm?
R. Christopher WhalenOct 2, 202210 minLarge Banks: QT Winners & LosersA number of readers have asked us to talk about the winners and losers among large banks in the current interest rate environment.
R. Christopher WhalenSep 22, 20228 minThe Bear Case for Ginnie Mae IssuersThe nightmare scenario in the government loan market is that FHA loan delinquency rises to the point where issuers become insolvent
R. Christopher WhalenSep 14, 20222 minIRA Bank Book Q3 2022We expect to see reasonably strong earnings for commercial lenders in Q3 2022 as loan yields slowly rise...
R. Christopher WhalenSep 8, 20225 minUpdate: The Bull Case for US FinancialsInvestors who were buying large caps at 2x book value a year ago are now running away from bank stocks just as fundamentals improve...