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Deep Subprime Auto Loan Delinquencies Reach 2007 Levels: The Next Big Short?

MishTalk

Subprime auto delinquencies have staked up so much that we are back at 2007 milestone levels. more…).

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Companies' Stock Buybacks at Biggest Pace Since 2007; Companies Rewarding Investors?

MishTalk

billion of stock in the first half of the year, the most for any six-month period since 2007, according to research firm Birinyi Associates. Companies bought back the most shares in 2007, right before the crash, and the least shares at the most opportune time in 2009. Corporations bought back $338.3

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Buying out the banks – a repeat of 2007/2008 or something new?

Ben de Haldevang

This week we talk about the wave of forced mergers in the US. Paul Siegenthaler, Abhay Pande and I talk about the drivers for the current transactions, what are the implications from an integration perspective, and what the future holds. As ever, we’d love to hear from you. Please let us know your thoughts, comments and ideas.

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Stock Buybacks Peaked With Stock Market in 2007: History About to Repeat?

MishTalk

Interestingly, the peak in buybacks was also the peak in the US stock market in 2007.) - Revenues are closely linked to nominal GDP, and our US leading indicator sees this as lacklustre at best going forward. But buybacks are waning; the chart below shows a 27% decline in buybacks between 1Q14 and 2Q14. YoY it is down 1.6%.

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Chinese Stocks Plunge 8.5%, Biggest Decline Since February 2007

MishTalk

Shares on the Shanghai index plunged 8.48%, the Biggest One-Day Plunge Since February 2007. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 8.6 percent, to 3,818.73, while the Shanghai Composite Index SSEC lost 8.5 percent, to 3,725.56 The drops were the biggest since Feb.

Company 28
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Seven Years Later, Global Debt Keeps Piling Up, $57 Trillion More Than 2007

MishTalk

In fact, rather than reducing indebtedness, or deleveraging, all major economies today have higher levels of borrowing relative to GDP than they did in 2007. Since 2007, government debt has grown by $25 trillion. China China’s debt has quadrupled since 2007.

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Stocks More Overvalued Now Than 2000 and 2007 No Matter How You Look at Things

MishTalk

The idea is from Ned Davis, but written up by Mark Hulbert in Opinion: Stocks are more overvalued now than at 2000 and 2007 peaks. At the bull market peak in October 2007, for example, the comparable ratio was below 20; at the top of the Internet bubble in March 2000, it was even lower. in October 2007 and even lower in March 2000.

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