Mortgages
World Economy Seems Trapped in “Death Spiral”
"The world appears to be trapped in a circular reference death spiral," wrote Citi strategists, led by Jonathan Stubbs said in a research note. "Stronger U.S. dollar, weaker oil/commodity prices, weaker world trade/petrodollar liquidity, weaker EM (and global growth)... and repeat. Ad infinitum, this would lead to Oilmageddon, a 'significant and synchronized' global recession and a proper modern-day equity bear market... The death spiral is in nobody's interest. Rational behavior, most likely, will prevail.”
Policymakers would likely attempt to “regain credibility” in the near term, according to the Citi analysts. “This is fundamental to avoiding a proper/full global recession and dangerous disorder across financial markets. The stakes are high, perhaps higher than they have ever been in the post-World War II era."
Posted: February 8th, 2016 | Permalink
The Banking Industry’s Two Lost Decades
Posted: February 8th, 2016 | Permalink
Is Marketplace Lending the Final Frontier?
It’s too soon to tell whether marketplace lending is the next Uber or just another flash in the pan.
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Posted: January 27th, 2016 | Permalink
The Path We’re On Is Ending
Posted: January 26th, 2016 | Permalink
Mortgage Rates Tumble to Three Month Low
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Posted: January 22nd, 2016 | Permalink
Digital Dividends
The digital revolution’s “analog complements—the regulations that promote entry and competition, the skills to enable workers to access and then leverage the new economy, and the institutions that are accountable ot citizens—have not kept pace.”
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Posted: January 19th, 2016 | Permalink