Tag: banks
China’s looming financial crisis
Published on October 10, 2008
Chinese shares have been falling lately, but that’s only because everybody’s so scared. There’s nothing wrong with China’s financial system, right? Wrong. There’s something rotten at the heart of China’s banks, and the entire mainland economy is about to come crashing down.
by J. Christoph Amberger
Baltimore — (TFN): As Iceland’s banking industry is melting [...]
Ignore the bank bailout and profit from the financial sector
Published on October 1, 2008
Put your money into the financial sector? No, Andrew Gordon, of Investor’s Daily Edge, isn’t kidding. While WaMu (NYSE:WM), Fortress (NYSE:FIG), Lehman (OTC:LEHMQ) and all their friends have been falling to their knees, another side of the financial industry is thriving, with or without the bank bailout.
by Andrew Gordon
Baltimore — (TFN): The financial [...]
Mining stocks aren’t dead: Buy Xstrata (XTA) & International Ferro Metals (IFL)
Published on September 12, 2008
“It’s important that we get back to the fundamentals of supply and demand. Some commodity prices have held up and even continued to rise. These tend to be those where the price is set by contract negotiations.” — Bradley Mitchell
Blogger’s note: Ever wonder where professional traders are putting their money? Well, now you don’t have [...]
European Central Bank (ECB) could topple Spain’s financial sector
Published on August 26, 2008
"There’s a bombshell being delivered here – the European Central Bank is about to stop bailing out eurozone commercial banks. And that could mean another big lender going ‘bust’." — David Stevenson
Blogger’s note: Just like in the U.S. and UK, the European Union’s state bank has been extending easy credit to prevent "temporary" illiquidity in [...]
How Fannie Mae (FNM) and Freddie Mac (FRE) crashed crude oil prices
Published on August 23, 2008
“Financial stocks bottomed (for now) on that date – which makes sense. But the next part doesn’t make sense. Crude oil prices peaked on July 15. What does the U.S. government bailing out financial institutions have to do with the oil market?” — Rick Pendergraft
by Rick Pendergraft
Baltimore — (TFN): Over the last month, the intertwined [...]
Bottom Feeding in Real Estate
Published on August 7, 2008
“If you think we’ll have a thriving real estate market again (and it’s only a matter of time), mortgage companies and home builders would be good investments.” — Andrew Gordon
Blogger’s note: The real estate crash isn’t over yet. Mortgage companies and home builders may still have further to fall. But according to Andrew [...]
Think the British Banks Hit Bottom? You’re Wrong
Published on August 5, 2008
“It’s not true that no one saw the credit crunch coming. Sure, we may not have known exactly how the blow-up would manifest itself. But it was obvious to many people in the City and on Wall Street that something had to give.” — John Stepek
by John Stepek
Baltimore — [...]
Can Utilities Save Your Portfolio?
Published on July 18, 2008
“Utilities and banks have been the traditional “widow and orphan” stocks. In the case of utilities, they are regulated, their profits are practically set by local governments, and they pay dividends.” — Andrew Mickey
by Andrew Mickey
Baltimore — (TFN): Times are certainly tough. David Dreman, a leading money manager who oversees about $15 billion, said, ”Between inflation [...]
Real Estate Investing: Betting against housing
Published on March 22, 2008
"Last year, you couldn’t find a decent condo in West Palm Beach, FL for less than $200,000. But for the past two months, I’ve been seeing them at drastically reduced prices." — Charles Delvalle
by Charles Delvalle
Baltimore — (TFN): The biggest drag on the stock market this year can be summed up in one word: Housing. Because home prices have dropped, banks have cut back lending. Which, in turn…