The Institutional Risk Analyst

After years of FOMC-induced asset price inflation, does the housing market really need more help?

Why is Joe Biden declaring war on American family farmers, investors in multifamily real estate and Main Street USA?

Simply stated, US banks are twice as expensive as they were a year ago looking at earnings and assets....

We continue to believe that issuers and funds should be accumulating conventional servicing. Rates bottomed in February...

US banks are running at income levels that are less than half of a year ago...

This is a really bad time to be focused on macroeconomic data....

Significantly, OZK predicts shrinking CRE loan volumes in 2021....

Most of midtown Manhattan’s offices and other structures are unused. Commuter volumes are 10% of pre-COVID levels.

New issue volumes in all of the major securities asset classes other than Treasury debt are trending lower as 2021 begins....

There is a reason why the smart money on Wall Street is creating new strategies focused on non-performing loans...

ALLY has all of the required attributes for inclusion in The IRA Bank Dead Pool....

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

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

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

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

Look for banks to continue to climb higher as investors cannot help but be impressed by a steepening yield curve.

Stick with dread for now. We see a second credit tsunami approaching on the horizon.

Just imagine if NYC files bankruptcy before Election Day...