Tag Archives: loans

Credit Shock due to COVID-19 Unprecedented

This quote is the latest from Moody’s: The credit shock created by the coronavirus pandemic is completely unprecedented, given the number of geographies and industries affected, and the lack of clarity as to when the economic implications of the pandemic … Continue reading

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Your lower mortgage PYMT or the Next Financial Crisis.

Mirroring the U.S. effort to fight the economic disaster expected from the coronavirus, the Bank of Canada lowered interest rates by 1/2% as well – to “get out ahead” of the storm.  Governor Stephen Powell said “the downside risks to … Continue reading

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Banks bounce back? Of course!

Taking time out to “Reflect” really does work:  And as usual, it doesn’t pay to believe what you read.  Less than a month (maybe a day?) ago everyone was worried about bank earnings (inspiring me to buy some banks) and abracadabra….today no … Continue reading

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Europe short-selling ban? Ban all of it everywhere!

From Financial Times: Friday 21.30 BST. “Global stocks are rallying as a partial short-selling ban helps European banks rebound – reducing financial system contagion fears – but lingering concerns about global growth and wariness over recent intense volatility are keeping … Continue reading

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