Small Business Hurt By Banking CrisisIf you eliminate the impossible, you get what must be true. Regional banks (even large ones) face sharply reduced deposit bases, for a number of reasons. You can watch many videos that I have mentioned since the interest rate...
Jay Powell Tries To Resolve This WarWednesday, March 22, at 2PM, the Federal Reserve will announce its interest rate decision. Current estimates range from 0 to 50 bps.
I Have A Question (and an updated audiocast)If the Fed / Treasury Department is THIS INGENIOUS AND CREATIVE, that they could create TARP and this new facility, how did they a) goose the housing market to hysteric levels and b) call inflation ‘transitory?’I dunno...
Let’s Speculate For Fun (Not)A regional bank run wasn’t my #1 candidate for the ripple effects of higher interest rates.My #1 candidate is over-leveraged pension fund managers aboard, who hedged their foreign exchange exposure. Last year, long-dated GBP bonds dropped...
Imperfections In The FormulaThe flaw in the oversimplified equation is that it suggests that the letters (C and r) are known with certainty. Take a look at the differences in earnings estimates (the C’s) for a specific company, compared to actual results. Again,...
Certainly TrueThe Bank for International Settlements reported this, and the articles followed.Here are your links: Visual Capitalist: click here to read.Reuters: click here to read.Bloomberg: click here to read.
Implications Would Make The Housing Crisis Look Like A VacationI have said on Jae’s Corner on YT, that bonds and foreign exchange are much larger than equities, and that bonds and foreign exchange are conjoined twins. I provided a very watered-down explanation of the...
Maybe Rafiki Said It BetterMarkets do not care what your performance has been. We look at the past to know where other people have bought or sold. Nothing more. Jae's Corner: Uncommon Financial Insight is a reader-supported publication. To receive new posts and...
Trick Or Treat? Very Appropriate PhraseEarnings awful, but markets much higher (no surprise to readers of Jae’s Corner, the numerator isn’t the captain of the ship, it is that one-way, low volatility of interest rates and its conjoined twin (foreign exchange) has...
Why Do Foreign Markets Matter?My early morning comments on this article are here, click on the image to listen to my dulcet tones, describing this article.Now, there is no coordination among global central banks and governments.If you are a HUGE investor, running...
In This Video:Facts can change, and Bayes tells you that probabilities can change. Therefore, being stuck with antiquated shortcuts, incompletely formulated from the beginning, is a path to nothing good, unless you are very, very lucky.Medicare ABCs Seminar (here’s...
Does Jamie Dimon Watch Jae’s Corner?Still not financial advice.Jae's Corner: Uncommon Financial Insight is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.