Tom Spencer

NOVEMBER 9, 2019

Historically, commercial banking and investment banking functions have been separated by law – these restrictions have since been repealed and larger banks tend to take on capital markets operations due to the complimentary nature of the businesses. In secondary markets, the sales & trading function operates as a market maker.

Banking 12

Banking Industry Balance Sheet Retail 12

MishTalk

DECEMBER 26, 2014

They lower mortgage and consumer financing costs for households, who represent a substantial portion of total borrowing, allowing them greater spending power. They also tend to be associated with rising stock and real estate markets, which, by making households feel wealthier, encourages higher consumption.

Banking 71

Banking System Benchmarking Finance 71

MishTalk

JUNE 27, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. Balanced Budget Ammendment Sign the Balanced Budget Petition. Recommended Books. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Home Builders. Big Picture.

Analysis 70

Analysis Trends Real Estate Banking 70

MishTalk

JULY 2, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. Balanced Budget Ammendment Sign the Balanced Budget Petition. Recommended Books. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Home Builders. Big Picture.

Trends 63

Trends Analysis Real Estate Financial 63

MishTalk

JULY 10, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. Balanced Budget Ammendment Sign the Balanced Budget Petition. Recommended Books. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Home Builders. Big Picture.

Real Estate 61

Real Estate Financial Policies Advertising 61

MishTalk

OCTOBER 26, 2014

Roughly one in five of the euro zone''s top lenders failed landmark health checks at the end of last year but most have since repaired their finances, the European Central Bank said on Sunday. The European Central Bank’s dissection of the books of the eurozone’s biggest banks has found lenders overvalued their assets by €48bn.

Balance Sheet 76

Balance Sheet Banking Exercises Report 76

MishTalk

JUNE 30, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. Balanced Budget Ammendment Sign the Balanced Budget Petition. Recommended Books. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Home Builders. Big Picture.

Analysis 72

Analysis Trends Real Estate Financial 72

MishTalk

DECEMBER 17, 2013

On December 12 the Financial Times reported EU reaches landmark deal on failed banks with a "common rule book for handling failed banks". The latest proposals could see up to 126 people being consulted on how to wind up a bank, even though agreement might need to be reached over the course of a weekend while financial markets are closed.

Banking 73

Banking Finance Balance Sheet Financial 73

MishTalk

MARCH 17, 2014

Michael Pettis at China Financial Markets taught me much of what I know about global trade. I recommended his book " Great Rebalancing ", and still do. Mish : Despite the obvious casino-like structure of global equity and bond markets, the poker game analogy is an extremely poor one. I am very appreciative.

Banking 67

Banking Real Estate Productivity Policies 67

Tom Spencer

AUGUST 12, 2020

Responding to high levels of debt and financial instability, one would expect to see each bank try to protect itself by shrinking its loan book. Central banks pursue “inflation at any cost” in order to oil the wheels of the credit markets. However, national governments and central banks have different ideas.

Banking 120

Banking Balance Sheet Financial Real Estate 120

MishTalk

JANUARY 3, 2014

Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. A similar crash in public opinion awaits Bernanke for fueling one of the biggest, if not the biggest stock and bond market bubbles in history. Here we are.

Conference 74

Conference Banking Government Balance Sheet 74