Tag Archives: FDIC
Lending Falls, Bad Loans Haunt Big Banks, Mass Layoffs Surge, Greece vs California
The equity markets dropped on average 1.5% Monday and this morning another 1.5% decline is underway. I mentioned, in A Review of the RCM Investment Strategy, the defensive posture we at RCM have taken. I said, “We have deployed our assets in a manner we feel most appropriate for the environment we are experiencing.” The following news items should help illustrate what […]
Greek Bailout Speculation: The Effect on The US$ and Gold
Turn off the TV and forget about the newspaper. If you want to understand the equity market gyrations of the last couple of weeks simply log on to an internet service like Briefing.com and watch for updates to the sovereign debt crisis. Today’s trading is a perfect example of this new paradigm. The Greek tragedy has turned into a farce […]
Rebuilding Your Wealth with Real Estate
As our economy slowly recovers, many investors are concerned with recouping the money they lost during the crisis. Pulling your funds out of investments all together will do nothing to bulk up your savings, while sinking your money into risky funds can do further damage. So, with black-and-white options not offering solutions, where can investors put their money to […]
Explaining Derivatives to Michael Moore
Documentarian Michael Moore’s latest project, Capitalism: A Love Story aimed at highlighting a number of flaws concerning the economic system upon which our country is built. In his film, Moore infiltrates Wall Street and Washington D.C. to “explore the root causes of the global economic meltdown.” In one scene, he attempts to make a citizens arrest of the AIG […]
Pulling the Unemployed off the Ropes and Into the Fight
As markets continue to produce signs of stabilization over the next quarter, it is unlikely that unemployment figures will show much improvement. With figures the highest they have been in more than 25 years, unemployment appears to have neared its peak. Lowering the rate to levels our economy can adequately support will prove to be a daunting task. But, with […]
Initial Claims Disappoint Again, Failded Banks Weighing On FDIC, Calpers Takes Another Hit, Tishman Faces Office Downturn
The stories below offer further concrete evidence that major issues persist in the US economy. When making investment decisions, we prefer to place more weight behind this type of data than “leading” economic indicators the government likes to laud and CNBC types love to regurgitate. The rally in the US$ last week stalled this week right at the resistance of […]
News that Moves: Cisco Systems EPS, FDIC’s Line of Credit, Mark-to-Market Accounting Rules
RCM Comment: A real battle is brewing in the U.S. equity markets. The proverbial line in the sand has been drawn and the fight is on between bulls and bears. All three major U.S. indices are trading around key psychological support areas: Dow30 8,000, S&P500 800, NASD Comp. 1,500. What hangs in the balance? A move down that takes out […]
Cerberus Update, Weak Retail Sales, FDIC’s Blair Worried About Commercial Loans, Prime Borrowers Becomming a Problem, VMware Company of Interest
Cerberus denies talk of fund defaults – Reuters Reuters reports Cerberus Capital Management yesterday dismissed market speculation that some of its hedge funds, which have suffered losses and heavy redemptions, are in danger of default. Traders in London and Frankfurt were buzzing with talk that a major hedge fund was headed for default. Much of the talk was directed at […]