Category Archives: Investment outlook

How This Regional Bank Mortgage Lender Crisis is Different

Every bank crisis has its own overarching narrative and streams of sub-narratives that course through the marketplace day to day.

The Debt Ceiling End-Game

So what can the Administration do, instead of blink, in the debt ceiling staredown?

Are Oil Stocks Too Good For ESG Investors To Pass Up?

“Environmental, social, and governance” investors ditch the make-believe, but it was fun while it lasted.

Hubert Horan: Can Uber Ever Deliver? Part Thirty-Two: Losses Top $33 Billion But Uber Has Avoided The Equity Collapse Most “Tech” Startups Experienced

An update on Uber financial fakery and continued lack of bona fide profits.

Jim Chanos: The Golden Age of Fraud in Finance

Famed short seller Jim Chanos discusses the ever-rising role of fraud in the US financial system and his views of China.

Public Pension Funding Average Now Below 50%, Yet Beneficiaries and Press Stay Mum

That light at the end of the public pension fund tunnel is the headlight of the underfunding train bearing down on them.

Annual Services Inflation Rages at New Four-Decade High, Monthly Overall CPI Hottest Since June

Inflation is still very much with us….as if you didn’t know that.

A Big Reckoning Starting for Private Equity and Its Public Pension Fund Enthusiasts

Private equity returns are finally going pear-shaped, but for the most part, investors are re-upping their bets.

Debt Ceiling Arm Wrestling Targets Ukraine Spending

The upcoming debt ceiling fight has an unusual feature: Republican opposition to military pork, or at least the Ukraine variety.

BlackRock Says We’re All Doomed. It’s Being Optimistic

The world’s largest asset manager has forecast systemic economic chaos. The reality is even worse.

Tesla Joins My Imploded Stocks, -70% from Peak: Object of Religious Veneration Turns into Automaker

Beyond the consensual Tesla hallucination, the real world for automakers is not fun.

Stocks Open Eyes, See Fed Pivot Hawkish; ECB Hike into Recession, Start QT; BoE Hike into Recession; SNB Hike, Sell Foreign Currency Assets

ECB’s assets drop by €800 billion. Mexico hiked too today, way ahead of the Fed, keeps peso from falling against USD.

Needed Global Financial Reforms Foregone Yet Again

The pathologies that produced the financial crisis are still circulating.

BuzzFeed Faces Existential Crisis After Burning Through Nearly All of $700 Million of Investor Money

What does BuzzFeed do now?

Where’s the Contagion from the Crypto Implosion?

Why, if you aren’t in crypto, you can watch the meltdown in comparative comfort.