Category: C.M.O.

C.M.O. 4.7.2010

Credit Market Overview April 7, 2010 Periods of easy money usually spawn the seeds of their own disaster.  Low rates make for favorable ratios prompting lenders to err on the side of imprudence.  Those same low rates push investors further…

C.M.O. 4.6.2010

Credit Market Overview April 6, 2010 Regardless of the reasoning behind it, higher rates in the U.S. Treasury market appear to be the reality.  This is certain to have repercussions throughout the U.S. debt markets as almost every other security…

C.M.O. 4.5.2010

Credit Market Overview April 5, 2010 Members of the National Association of Crisis Mongers, that’s NACM for all of you acronym mongers (AM’s) out there, were out in force again last week proclaiming the complete collapse of the U.S. financial…

C.M.O. 4.1.2010

Credit Market Overview April 1, 2010 As Google kicks the concept of a trade war up a notch to the cyber level there is another battle going on right here on the ground.  Not the skirmishes erupting in the press…

C.M.O. 3.31.2010

Credit Market Overview March 31, 2010 One man’s garbage is another man’s gold.  I’m not sure if that’s exactly how that saying goes but with the number of shows on the tube these days devoted to finding value in the…

C.M.O. 3.30.2010

Credit Market Overview March 30, 2010 The economic credit tsunami that the world is still drying itself off from was a product of bad mortgage debt. For a quick indication of just how the dehydration process is going we need…

C.M.O. 3.29.2010

Credit Market Overview March 29, 2010 Maybe it was the resignation of Karthik Ramanathan or maybe it was Douglas Elmendorf’s proclamation?  Wait, you mean to say you’ve never heard of Karth or Doug before?  Well, since it’s a short week…

C.M.O. 3.26.2010

Credit Market Overview March 26, 2010 When Bjorn Lomborg’s book, “The Skeptical Environmentalist” was first published in 2001 murmurings were that the Ronald Ray-gun-ites had finally slipped one of their own in amongst the tree huggers and that he had…

C.M.O. 3.25.2010

Credit Market Overview March 25, 2010 During the depths of the credit crisis, when there were more homeowners defaulting on mortgages than lattes being sold at Starbucks just about the only people flying were the Ryan Bingham’s of the world. …

C.M.O. 3.24.2010

Credit Market Overview March 24, 2010 The reoccurring theme this week seems to be spots, mostly hot but with a few cold thrown in to keep it interesting (hopefully).  There is a spot in today’s commentary but it is not…