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Daily Archives: November 26, 2013
New wave of loan losses hitting at a bad time for banks
“A new wave of problems could be approaching the mortgage industry. U.S. borrowers are increasingly missing payments on home equity lines of credit they took out during the housing bubble, and that could be another hit for the banks.” Here … Continue reading
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Big black holes in the bullish case
Bubble television is rolling out all the usual bull artifacts to justify why stocks keep going up: Abbey Joseph Cohen (Ms. tech stocks for the long-run of 1999 and commodity stocks for the long run of 2008) and Warren Buffet … Continue reading
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