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Powell Missteps on Corporate Bond Purchases
This situation creates political risk for Chairman Powell and the Federal Reserve System...
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Jun 18, 20206 min read


Sizing the Commercial Real Estate Bust
So how big is the impending commercial real estate bust in the US?
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Jun 7, 20209 min read


Financials Climb the Wall of Worry -- For Now
Look for banks to continue to climb higher as investors cannot help but be impressed by a steepening yield curve.
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Jun 5, 20204 min read


Markets Bounce as Real Economy Staggers
Stick with dread for now. We see a second credit tsunami approaching on the horizon.
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Jun 1, 20205 min read


Should Banks Stop Paying Dividends? Should Anybody Buy Goldman Sachs?
Rather than asking some bureaucrat in Washington, let’s let the market decide.
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May 18, 20206 min read


Negative Interest Rates and Mortgage Servicing
Numbers define value, enable commerce and compensate for work.
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May 14, 20206 min read


Jonathan Miller on the U.S. Real Estate Market
Jonathan a keen judge of the real estate market environment and the economy.
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May 11, 20207 min read


Amy Brandt: The Way Forward in Mortgage Finance
In this issue of The Institutional Risk Analyst, we speak with Amy Brandt, President and CEO of Docutech, which was acquired by First...
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May 6, 20206 min read


Robert Eisenbeis on Narrow Banks
The present primary dealer system is a relic of the past when Treasury securities were paper documents....
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Apr 30, 20206 min read


Waiting for the COVID19 Credit Wave
We anticipate that net loss rates will rise quickly from the historic lows seen over the past several years to and even exceeding 100% loss
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Apr 24, 20205 min read


Are US Banks Facing a Credit Trap?
Just as last summer we called the problems brewing in the short-term money markets, now we put down a marker on bank credit....
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Jan 12, 20207 min read


Is it FinTech or OldTech?
There is nothing really new under the sun when it comes to technology, only new packaging and hype in the world of media and investments.
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Jan 5, 20205 min read


One & Done: Fed Rate Hikes End in June
“Stock prices have reached what looks like a permanently high plateau." Irving Fisher October 1929 This Thursday The IRA’s Christopher...
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Jun 11, 20176 min read


Macro-Prudential Delusions: Bank Credit Outlook 2H 2017
In the mid 2000s, just before the financial crisis began, US banks were reporting credit metrics for all asset classes in loan portfolios...
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May 29, 201710 min read
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