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Friday, December 23, 2011
Is LTRO QE in disguise?
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Here's Draghi's explanation from an FT interview: Is this Europe's version of “quantitative easing”? Each jurisdiction has ...
Thursday, December 22, 2011
Financials Outperforming Slightly in December
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Financials (represented by XLF) may be lagging the S&P significantly for the year, but for December at least, they're actually leadi...
Wednesday, December 21, 2011
Russell 2000 Performance Based on Institutional Ownership
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In pondering why some stocks are more affected by weak markets than others I ran some data since May 1st looking at how different stocks hav...
Tuesday, December 20, 2011
Jefferies Tangible Book Value
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Jefferies is up 23% today, currently at $14.55 per share. After hitting a low of $9.67 in late November, the stock has had a 50% run in a l...
TIPS Break-even Inflation Rate
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The yield on the 10 year treasury may be near the lowest it has been in decades--even lower than it was in 2009, but inflation expectations ...
November Housing Starts
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Housing starts were up 5.7% m/m in November and 20.7% y/y to 685k. The headline numbers look pretty impressive--the more granular data is o...
Monday, December 19, 2011
Total Loans and Leases at US Banks
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It's tough to find many reasons to be positive these days, but at least one indicator that can be a source of some hope is the growth in...
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