investment banks

Economy

Heads I Win, Tails you Lose: This Week’s Housing Data and Mortgage Markets

by Steve Heideman | April 13, 2009

Last week mortgage rates were exactly flat confirming my forecast that rates may not rise for the third week in a row. The week started off strong but ended with a whimper for 2 main reasons: Wells Fargo’s announcement of record $ 3 Billion in earnings Mike Mayo’s downgrade of the banking sector. Mike has [...]

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Economy

U.S. Financial Crisis May Be Moderating Some Experts Say!

by Charles Feldman | April 2, 2008

Could that be some light, just a little light at the end of the tunnel? It seems as if, in recent weeks, there has been a steady drumbeat of bad economic news all traced back to that original subprime mostgage crisis. The near collapse (okay, some may argue it was an actual collapse) of Bear [...]

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