The Institutional Risk Analyst

Our bet is that the Bessent "3-3-3" plan likewise will be a failure and that the Fed will be forced to restart QE sooner rather than later

The asset returns of BOH are substandard vs its peers. We cannot discern any reason for this save management lapses.

As a practical matter, no Fed chairman or governor can function without the support of the White House and the US Treasury.

Notice that SQ co-founder Jack Dorsey styles himself as "block head" in the corp roster, a silly affectation that does not help the stock

Could President elect Donald Trump be facing a maxi market correction before inauguration day?

The banking industry has segmented into a handful of above-average performers and JPM is the largest leader of these "winners"

The changes that are going to occur in Washington over the next four years will be dramatically different than during Trump I.

It’s time for the Fed to get smart on duration risk before circumstances create another money market crisis. 

You can tell lies and damn lies about the idea of releasing Fannie and Freddie, but the SEC and FINRA cannot and will not say a word. 

NYCB and the unsold rent-stabilized assets left over from the failure of SBNY are two little surprises waiting for the next POTUS.

Last year, when a lot of people were predicting the demise of SCHW, we told our readers to calm down.

Whenever you hear the magic words "blockchain" and "digital tokens," it's a good guess that whatever follows is nonsense.

How is Goldman going to extricate itself from this profoundly unattractive business with AAPL without destroying Apple Card?

WFC is not even out of dodge yet, but TD has cut off the fingers of one hand in yakuza style and is now headed for years of misery

In opposing Basel III, Chopra is doing the bidding of Senator Elizabeth Warren (D-MA) but big banks are very happy to have no rule at all.

Many homes in FL no longer have adequate home owners insurance much less federal flood insurance.

The Citi decision to exit mortgage servicing perhaps made sense in 2017, but today not so much.

The markets got their rate cut over the past six months and now may have to give some of that back.

If you believe that there is no recession coming in 2025, what is the logical response from an informed investment professional?

The Treasury should begin to buy gold again to demonstrate that the dollar is real.