Jesse's Café Américain

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor; he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.” Marcus Tullius Cicero

Showing posts with label recovery. Show all posts
Showing posts with label recovery. Show all posts
27 May 2009

Ten Year Note Yield

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While a steeper yield curve is good for the financial sector and those other folks who borrow short and lend longer term, it does no good if...
31 December 2008

The Fuel for a Speculative Rally but Not a Recovery

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At some point we may stop confusing asset bubbles with economic growth. In the meantime, we might expect the shallow and immature stewardshi...
21 December 2008

The Problems Which Banks Face in a Post Credit Bubble World

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Fear and Loathing in Financial Products Banks – The “V”, “U” or “L” Recovery By Satyajit Das December 21, 2008 In 2007, equity markets fell ...
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