The Institutional Risk Analyst

The reduction in the Fed's balance sheet is the largest ever margin call on equity exposures of all descriptions.

Q: What do Elon Musk and Masayoshi Son have in common? Gigantic margin loans...

The new technology that powers the Sagent-Cooper vision for servicing is already proven in the market

Benevolence, as Chris and I noted in our book "Financial Stability," always gets you more bang for the buck than being miserable.

ICE buying the revenue streams represented by BKI is a big bet on yesterday, not a bold initiative to change the mortgage industry

Chairman Powell’s demeanor during the press conference when he spoke with Mike McKee suggests a man who knows he has a problem.

Even as Powell signals willingness to take interest rate targets higher, he has put off a decision on the Fed's balance sheet until June.

Take the financials and add some unicorn dust in terms of innovation to the mix and perhaps a double-digit PE ratio for PYPL makes sense.

No amount of computer power can really, really enable you to predict when Fred and Wilma are going to sell or refinance their home.

Xi Jinping in China and Putin in Russia have turned their backs on the global economy to retain power

There are virtually no conventional lenders in the US today that are profitable when the sell a loan into the secondary market.

Just imagine how global markets will react when Putin deploys tactical nuclear weapons in Eastern Ukraine to avoid a military defeat

Simply stated, Morgan Stanley has a much more diverse and sustainable business model than Goldman Sachs...

Will Fed Chairman Jay Powell fold in terms of further rate hikes if the S&P 500 falls 1,000 points in a day?

Many of the startups, investment flows and SPAC transactions that proliferated in 2020-2021 are likely to be casualties in the next several

Who is going to acquire and restructure Blend Labs (BLND) before this newbie-fintech-something runs out of cash?

With MBS prices falling, the FOMC may have to accept the natural runoff rate for the MBS in the SOMA for many years to come

Valuations for the top five US banks are up slightly as Q1 2022 comes to an end

If the Fed causes another liquidity crisis as it ends QE and shrinks the balance sheet, then Chairman Powell should immediately resign.

There a brisk debate ongoing in the fixed income markets over how much the Federal Open Market Committee will raise interest rates and when