MishTalk

MARCH 28, 2014

reader Dave, a friend, noted that as the Fed jacked up its balance sheet, velocity has mirrored the curve to the downside. I am one of those who staunchly believes that banks should fail. More precisely: Banks did fail, but taxpayers bailed them out. The world will not end if banks fail. No - not to me.

Banking 73

Banking Balance Sheet System Financial 73

Tom Spencer

MAY 2, 2020

Since the start of February this year, the Fed has expanded its balance sheet by more than $2.4 To put that in context, the Fed was created in 1913, and its total balance sheet assets only reached $2.4 trillion in assets, but only 2 months to achieve the same amount of balance sheet expansion this year.

Balance Sheet 88

Balance Sheet Government System Finance 88

Harvard Business

OCTOBER 31, 2017

Just over 10 years ago, French bank BNP Paribas froze U.S. The market panicked. There was a run on British bank Northern Rock. Over the next year, many banks fell. Investment bank Bear Stearns collapsed. We expect investment banks to embark on an even more fundamental makeover during the next decade.

Banking 28

Banking Balance Sheet Financial Finance 28

Consultant Ninja

MARCH 31, 2009

A Simple Question about the Credit Markets. Heres my understanding of the current TARP/TARPII/PPIP/etc plans: The major "sick" banks wont lend to businesses, because their balance sheets are tied up with bad assets that they cant sell. Why are the major "sick" banks the only vehicle to provide credit to businesses?

Balance Sheet 100

Balance Sheet Marketing Banking Consulting 100

MishTalk

SEPTEMBER 8, 2014

Banks are in the business of making loans. Exploring Lending Club Bloomberg columnist Mat Levine explores the issue in Lending Club Can Be a Better Bank Than the Banks. There are a lot of ways in which [Lending Club] is not a bank, but the big one is that basically all (95.6 Is that the right model?

Banking 68

Banking Balance Sheet Financial Operations 68

MishTalk

AUGUST 22, 2014

As noted in German Two-Year Bonds Have Negative Yield, Demand High; Euro Bond Bubble Guaranteed to Burst , " Banks lend (provided they are not capital impaired), when credit-worthy borrowers want credit and banks perceive risks worth lending." The New York Times DealBook explains Europe Fears Banks Lack Cash Cushion to Cover Bad Loans.

Banking 57

Banking Balance Sheet Metrics Government 57

MishTalk

AUGUST 8, 2013

In Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation? I posted an interesting chart by reader Tim Wallace of the stock market vs. Fed asset holding (repeated below for convenience). Fed Balance Sheet vs. Stock Market. What about foreign central bank assets, especially China and Japan?

Balance Sheet 71

Balance Sheet Banking Marketing Report 71

MishTalk

DECEMBER 18, 2013

The Financial Times notes a Big rise in subordinated debt issuance by EU banks Banks have taken advantage of yield-chasing investors to issue $90.7bn of subordinated debt for the year to date, a 41 per cent increase compared to the same period in 2012. It relates to bail-in procedures in the alleged European "banking union".

Banking 62

Banking Balance Sheet Finance Government 62

Business Consulting Agency

JULY 26, 2024

This involves identifying a gap in the market, understanding your passion, and aligning it with a viable business opportunity. Identify a Problem to Solve : Look for problems or needs in the market that your business can address. Loans : Consider applying for a business loan from banks or credit unions.

Balance Sheet 52

Balance Sheet Cash Flow Financial Operations 52

MishTalk

SEPTEMBER 30, 2014

On September 4, ECB President pulled out a financial bazooka including a pledge to build up the ECB''s balance sheet by another €1 trillion. Mario Draghi is to push the European Central Bank to buy bundles of Greek and Cypriot bank loans with “junk” ratings, in a move that is set to exacerbate tensions between Germany and the bank.

Balance Sheet 71

Balance Sheet Real Estate Banking Policies 71

MishTalk

DECEMBER 9, 2014

ECB president Mario Draghi set out to stimulate bank lending by purchasing covered bonds. Covered bond supply has reached its lowest level in nearly two decades as the European Central Bank has been accused of crowding out investors from the market by pushing up prices and depressing yields. The buyer of only resort is the ECB.

Marketing 59

Marketing Balance Sheet Banking Policies 59

MishTalk

SEPTEMBER 4, 2014

Banks create money when they lend. I’d start a charity whereby every newly appointed central bank board member is sent a free copy of Rothbard’s Mystery of Banking except I am beginning to doubt their ability to read. All they have done is give banks the incentive to park money on sovereign bonds with diminishing yield.

Balance Sheet 72

Balance Sheet Real Estate Banking Operations 72

Tom Spencer

AUGUST 25, 2018

By distributing 100 million sesterces from the imperial bank to reliable bankers around the Empire and dropping interest rates to zero for three years, Tiberius saved Rome and the other affected nations of Egypt, Greece, and France. In the face of illiquidity a bank cannot repay current liabilities or their depositholders.

Financial 60

Financial Balance Sheet Banking Policies 60

MishTalk

APRIL 12, 2015

In another round of " stress " tests last month, the Fed said Big Banks Pass Muster. Confirmation of the sorry state of US banks comes from former Fed Governor Thomas Hoenig. He served as chief executive of the Tenth District Federal Reserve Bank, in Kansas City, for 20 years. He was ignored. percent at the end of 2014.

Banking 28

Banking Balance Sheet Insurance Insurance 28

Tom Spencer

NOVEMBER 25, 2011

Thirdly, European banks are currently focused on building their balance sheets not on lending. European banks have until the end of June 2012 to get their core capital ratios up to 9%. While Bunds may still smell sweet, weak financial markets in Europe are a cause for concern. How could Dexia fail?

Balance Sheet 89

Balance Sheet Banking Financial Case Interview 89

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 next day, a friend commented the banking union agreement proved me wrong. I replied "wait for the details". Some senior officials are warning the proposals are too cumbersome.

Banking 66

Banking Finance Balance Sheet Financial 66

MishTalk

NOVEMBER 6, 2014

Having already cut interest rates to record lows and saying they can go no lower, Draghi is now focused on boosting the ECB’s balance sheet. The ECB has issued long-term loans to banks and started buying covered bonds in the hope of flooding the economy with enough liquidity to ease credit constraints. Headwinds explain why.

Balance Sheet 61

Balance Sheet Banking Government Policies 61

MishTalk

MARCH 19, 2014

The Fed’s tapering merely slows the growth of its balance sheet. The rarely admitted truth, however, is that there is no need for central banks’ balance sheets to shrink. They could stay permanently larger; and, for some countries, permanently bigger central-bank balance sheets will help reduce public-debt burdens.

Balance Sheet 58

Balance Sheet Banking Government Policies 58

MishTalk

OCTOBER 26, 2014

In an effort to fool the public into believing the latest round of bank stress tests were actually designed to find stress, the ECB found 25 scapegoats, none of which were German banks. Reuters reports ECB Fails 25 Banks in Health Check but Problems Largely Solved. The 130 banks account for 81.6

Balance Sheet 72

Balance Sheet Banking Exercises Report 72

Tom Spencer

NOVEMBER 17, 2018

This is because the initial trigger for the crisis was reliance by major banks, particularly those in the United States, on mortgage backed securities as collateral. Once the housing market began to collapse, mortgages defaulted, and MBS began to fail. These repackaged securities were called collateralized debt obligations (CDOs).

Financial 60

Financial Banking Balance Sheet Cash Flow 60

MishTalk

MARCH 1, 2015

This entire notion that you can take bad assets from a bank and put them in a "bad bank" to make everything well, is ridiculous. The step, allowed by new legislation that gives banking supervisors more power to intervene, followed an outside audit of Heta''s balance sheet that exposed a capital hole of up to 7.6

Banking 28

Banking Balance Sheet Finance Construction 28

MishTalk

APRIL 7, 2014

In lengthy negotiations last month the EU reached a deal on how to handle failed banks. Please consider EU Deal on Bank Failures Risks Unravelling A landmark EU agreement on a common rulebook for handling bank failures is in danger of unravelling over the fine print restricting when a state can intervene to rescue a struggling bank.

Banking 63

Banking Balance Sheet Finance Government 63

MishTalk

MAY 20, 2014

Yesterday, former fed chair Ben Bernanke said " No Need for Fed to Shrink Balance Sheet ". The Federal Reserve does not need to shrink its $4 trillion-plus balance sheet by even "a dime" for it to normalize monetary policy when the time comes, former Fed Chair Ben Bernanke said on Monday.

Balance Sheet 52

Balance Sheet Strategy& Strategy Strategy 52

MishTalk

AUGUST 6, 2013

Minyanville Business and Market News. Balanced Budget Ammendment Sign the Balanced Budget Petition. Balanced Budget Ammendment Sign the Balanced Budget Petition. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. The feds balance sheet doesnt reflect it.

Balance Sheet 57

Balance Sheet Analysis Trends Real Estate 57

MishTalk

DECEMBER 26, 2013

China''s Move to Market-Set Rates Let''s step back to December 8 and look at China Relaxes Grip on Interest Rates China is relaxing its grip on interest rates with the launch of a financial instrument that allows banks to trade deposits with each other at market-determined prices.

Balance Sheet 55

Balance Sheet Marketing Banking Financial 55

MishTalk

DECEMBER 23, 2013

The New York Times reports China Rates Approach Crisis Levels Despite Central Bank Measures. The central bank, the People’s Bank of China, said late Friday that it had provided more than 300 billion renminbi, or about $50 billion, in short-term funds to selected banks over a three-day period that week.

Balance Sheet 73

Balance Sheet Banking Benchmarking Financial 73

MishTalk

NOVEMBER 20, 2013

Banks; Global Financial System is Bankrupt. Addendum: Société Générale disputes the numbers and new calculations using the banks'' numbers are 28:1 or perhaps 23:1 not 50:1 as noted on Forex Crunch. Banks do not plunge out of the blue on rumors. French Banking Primer. trillion balance sheet is leveraged nearly 49-to-1.

Balance Sheet 78

Balance Sheet Banking Financial Finance 78

MishTalk

DECEMBER 26, 2014

Next year will be a very important year for China because possible strains in the banking system and the intensity with which the reformers present their case will give us a better sense both of how much debt capacity the country retains and of how well positioned Xi Jinping and his allies are to implement the needed reforms.

Banking 62

Banking System Benchmarking Finance 62

MishTalk

DECEMBER 4, 2013

Bove, one of the most widely-respected banking analysts in the world, is certain that will have devastating consequences for housing and the rest of the American economy. These securities are sold in order to add liquidity to the mortgage market, thereby making funds available to borrowers. "If And we won''t have fixed-rate mortgages."

Government 68

Government Balance Sheet Real Estate Banking 68

MishTalk

SEPTEMBER 23, 2013

I received several emails regarding my post on Risk-Free Banking and Fractional Reserve Lending that I would like to share. When I began investing, one looked at the real property on balance sheets. Indeed, as it stands banks are always bailed out at taxpayer expense, the very epitome of "moral hazard". Hello Mish.

Banking 53

Banking Balance Sheet Policies Travel 53

MishTalk

SEPTEMBER 21, 2017

In response to Janet Yellen’s everything is OK speech following today’s balance sheet reduction notice by the FOMC committee, I received an interesting set of comments from Pater Tenebrarum at the Acting Man Blog regarding rate hike cycles, gold, and stock market peaks. That is no coincidence.

Balance Sheet 36

Balance Sheet Banking Trends Analysis 36

Harvard Business

FEBRUARY 26, 2018

In the 2016 book The End of Accounting , NYU Stern Professor Baruch Lev claimed that over the last 100 years or so, financial reports have become less useful in capital market decisions. This becomes clear when you look at a company’s two most important financial statements: the balance sheet and the income statement.

Financial 28

Financial Balance Sheet Company Report 28

MishTalk

NOVEMBER 27, 2013

On October 23, ECB president Mario Draghi announced new bank stress tests. Draghize : "Banks do need to fail to prove the credibility of the exercise". Mish : We are carefully scrutinizing several non-critical banks, looking for a couple of scapegoats, hoping to fool the public regarding the credibility of the exercise.

Balance Sheet 55

Balance Sheet Exercises Banking Government 55

MishTalk

JANUARY 16, 2014

While the ECB confirmed that it will require lenders to have a capital ratio of 8 percent, what qualifies as capital will change over the course of the three-part assessment, the central bank said in an e-mailed statement. Given that requirement, banks could be forced to provision capital against potential risks from the exposure.

Balance Sheet 67

Balance Sheet Banking Exercises Financial 67

MishTalk

SEPTEMBER 18, 2014

The European Central Bank’s first offer of cheap four-year loans has fallen short of expectations, dealing a blow to president Mario Draghi’s hope of sustaining the eurozone’s ailing economy by expanding the central bank’s balance sheet. Why TLTRO Won''t Spur Lending Banks may eventually take the money.

Balance Sheet 56

Balance Sheet Banking Operations Policies 56

Martinka Consulting

MARCH 30, 2020

I won’t be disingenuous by marketing services when most of us are in survival mode so I will make all readers of this newsletter an offer: If you have questions about what to do, how to handle things, need a sounding board, or simply someone to vent with call me for free telephone counsel. Whatever your business is, be doing marketing.

Small Business 40

Small Business Balance Sheet Cash Flow Banking 40

Martinka Consulting

APRIL 19, 2016

His balance sheet is a mess. One that struck me is something I see every so often and it’s marketing expense. He figured because a $30,000 marketing campaign didn’t work it really wasn’t an expense but should be considered profit. Sales were down from 2014 and expenses were up.

Balance Sheet 40

Balance Sheet Advertising Sales Banking 40