The Institutional Risk Analyst

In November 2019 we published a negative risk profile for Citigroup Inc (NYSE:C). We reaffirm the negative risk profile...

The change in the FOMC’s stance also reflects a rebuke to the remaining conservatives within the decidedly left-of-center Fed system...

No matter who wins the presidential election in November, have no doubt that Chairman Powell is the most important man in town...

The FOMC can accelerate lending, but it cannot ameliorate either the negative impact on credit or the torrent of loan prepayments...

Quarterly net income for all FDIC-insured commercial banks fell 70% YOY...

There are many dimensions to the world of payments, some which are banal other that are vitally important

Why not simply fix the existing LIBOR? Well, that would require the folks at the Fed and other central banks to admit that they were wrong

We expect to see lending volumes slow somewhat for the balance of 2020

Falling US consumer spending is an ominous sign

March was a classic systemic event characterized by a sudden onset informational asymmetry.

Then things like #QE and #MMT will fade into memory as we embrace the reality of no longer being special...

GS is the smallest of the global investment banks but the most highly levered of the large US banking groups

Nobody in the industry yet knows what will happen with corporate exposures as the year grinds to a conclusion

The Street wants to own these bank stocks, plain and simple....

The summer of 2020 is all about picking winners and losers in the COVID19 lottery

many years will pass before investors see such cash returns on capital again

Q2 2020 bank earnings will be "dread man, truly dread"...

This situation creates political risk for Chairman Powell and the Federal Reserve System...

Low interest rates tell us all we need to know about mortgage volumes...

So how big is the impending commercial real estate bust in the US?