Jesse's Café Américain

"what should you do to avoid being an idiot or a swine? Merely this: You should do something great, you should lay aside all the foolishness of a more of less long existence, you should become resigned to the fact that you will seem ridiculous to a race of janitors and bureaucrats if you are to enter the service of Splendor. Then you will know what it means to be the friend of God. The friend of God!"

Léon Bloy

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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