Remove 2008 Remove 2013 Remove Balance Sheet Remove Productivity
article thumbnail

Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

MishTalk

Wednesday, August 07, 2013 3:40 AM. Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation? Fed Balance Sheet vs. Stock Market. The risk premiums of risky securities have become unsustainably compressed in the process, and the Feds balance sheet has metastasized to $3.5 Trading Psychology Weblog.

article thumbnail

Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

factory activity grew last month at its slowest pace since May 2013 as manufacturers pared their stockpiles and cut jobs. Third-quarter Gross Domestic Product grew at a 1.5 Overoptimism 2008-2010 The SEP growth forecast for 2008 never turned negative. The actual growth rate for 2008 turned out to be –2.8%—the

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mish's Global Economic Trend Analysis: Michael Pettis on the China.

MishTalk

Thursday, June 27, 2013 2:46 PM. The most important effect is likely to be on demand for wealth management products. the country’s balance sheet, and this will mean not a collapse but. August 2013 (16). July 2013 (82). June 2013 (70). May 2013 (82). April 2013 (85). June 2008 (97).

article thumbnail

"Treasury Bond Undervalued" Says Hoisington Second Quarter Review; Path to Fiscal Ruin

MishTalk

versus the average output level of 2013. Readers of our letters are familiar with our long-standing assessment that the cause of slower growth is the overly indebted economy with too much non-productive debt. Rather than repairing its balance sheet by reducing debt, the U.S. in the third quarter of 2013.

article thumbnail

Back in the Saddle, Just in the Nick of Time

MishTalk

Ally, whose defunct GMAC Mortgage unit was one of the biggest lenders of subprime mortgages in the run-up to the 2008 housing bust, will inch back into direct home loan originations next year, the bank’s Chief Executive Officer Jeffrey Brown said this week at a Goldman Sachs Group Inc. In 2013, Ally agreed to contribute $1.95

Mercer 28
article thumbnail

Credit Equals Gold No.1

MishTalk

On January 15, Reuters reported China''s ICBC says won''t compensate investors in troubled shadow bank product. Industrial and Commercial Bank of China, the world''s largest bank by assets, said on Thursday that it has no plans to use its own money to repay investors in a troubled off-balance-sheet investment product that it helped to market."

Banking 72
article thumbnail

BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"

MishTalk

Gross issuance in the high-yield bond market alone soared to $90 billion per quarter in 2013 from a pre-crisis quarterly average of $30 billion. In the syndicated loan market, for instance, credit granted to lower-rated leveraged borrowers (leveraged loans) exceeded 40% of new signings for much of 2013.