Does this leave the Big Four exposed to just one incredibly important asset class? Well at least two of the Big Four might lose some sleep over it at night. Commonwealth Bank has 65% of its loan book tied up in household mortgages, according to Eric Johnston in the Age.
April 12th, 2010 | Dan Denning | 85 comments | ContinuedAll Posts Tagged With: "mortgage market"
More Likely to Beat Inflation in Stocks than Cash
This is not a value-based argument. But it IS an argument for why nominal gains in stock markets are not inconsistent with rampant or even hyper inflation. We’re not saying that’s what’s going on right now. And of course, in our one-two Big Crash dance card, asset deflation precedes the Melt Up.
March 23rd, 2010 | Dan Denning | 4 comments | Continued
An Insider’s View of the Real Estate Train Wreck
The first time I spoke with real estate entrepreneur Andy Miller was in late 2007, when I asked him to serve on the faculty of a Casey Research Summit. And there was no one in the nation I wanted more than Andy to address the critical topic of real estate.
February 12th, 2010 | David Galland | 28 comments | Continued
Market Feels So Weak Because it IS So Weak
The stock market rallied throughout most of yesterday’s trading session, then stumbled into the close. This pattern has become unnervingly familiar of late.
November 6th, 2009 | Eric J. Fry | 1 comment | Continued
U.S. Trying to Auction Off $162 Billion in Debt
“The US is not alone in facing a deficit crisis,” reports the U.K.’s Telegraph. “Governments worldwide have to raise some $6 trillion in debt this year, with huge demands in Japan and Europe. Kyle Bass from the US fund Hayman Advisors said the markets were ‘choking on debt’”.
May 27th, 2009 | Dan Denning | 2 comments | Continued
