The Banking and Strategy Initiative

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Category Archives: housing

Bank Results Season: Deposits back at $1.12 T, Profits below $1 on 11.5 B outstanding equity, waiting for Mortgages to explode (Bank of America Q1 2014) and hoping for no Regulation Z again!!!

CAVEAT: Visitors to the site , actually reading thru the analysis may find we are definitely avoiding groundbreaking predictions this season, especially the ones that say Wells Fargo has become … Continue reading

January 15, 2014 · 1 Comment

Bank Results Season: Wells Fargo trudges to a $84 Bln goalpost but with a ROTA of 1.5%

The Bank maintained its lead in Return on Assets with some deft Expense control apparently and is due to get into Executive webcasts for the Analysts in a half hour … Continue reading

January 15, 2014

It’s Monday Again!: Beam goes to Suntory, 2014 Housing Starts, European Banks and other worry lines for the Executive forehead as US Banks dig in..(The Week ahead: January 13-17, 2014, US Economy & Markets)

Retail Sales remain positive as snow trucks and card thieves take over? Neiman Marcus and three other retailers joined Target in reported thefts of Cardholder information. Target’s tally of 70 … Continue reading

January 13, 2014

It’s Monday Again: The snow, The sharing Economy and other cockamamie ideas that keep you indoors in College Bowl weeks? (The week ahead December 30, 2013 – Jan 03, 2014; US Economy & Markets)

The sharing Economy is a real buzzkill Frisco does not need in the middle of that discussion over Long Term unemployment, the artificial Employment additions (non additions of the soooo.. … Continue reading

December 30, 2013

It’s Monday Again: It’s easy to forget its the Post Taper world!, China Mobile, Merry Christmas, Investors return to Global Fixed Income in 2014 (US Economy & Markets: The Week ahead: December 23 – 27, 2013) US:AAPL, US:DRI, US:CMG

Of course being Christmas week, not much is scheduled by way of Economic Reports with Jobs Data coming out on January 10th and the Chicago PMI being released next Tuesday. … Continue reading

December 23, 2013

It’s Monday Again: Belfort on Wall Street, FOMC week, Dow starts up 180 points (The Week Ahead December 16 – 20, 2013 :US Economy & Markets)

The IPO hits, the Buybacks, Can Deals make it in 2013 too 2013 was the biggest for IPOs in recent history with a late coming in the fourth quarter, and … Continue reading

December 16, 2013

Resolution Weekend: JP Morgan gets to a $13 Bln end point with Eric Holder

More settlements are likely in California and the Sunday Morning’s figures include only civil resolution but atleast Eric Holder and his deputy Tony West managed to close out their front … Continue reading

October 20, 2013

Bank Results Season: Citi unfortunately makes it 3/3 on underperforming Big 4

Of course that is just making the coming bank rally sweeter and likely Friday’s Morgan Stanley results which we do not cover anymore will be missed by the rally after … Continue reading

October 15, 2013

Bank Results Season: Wells Fargo does match JP Morgan in Earnings of $5.6 Bln (Q3 2013)

Of course, JP Morgan booked $9 Bln in expenses to settlements that eroded the profit banks for the September quarter, Wells Fargo saved up its improving credentials in profit making … Continue reading

October 11, 2013

It’s Monday Again: It’s too late to be just simple and stupid again, probably (The Week ahead: Octobr 07 – October -11, 2013, US Economy & Markets)

Thats all it comes to, in fact a poll on Marketwatch says 3000 people think that this is the right time for the grand bargain instead of letting that debt … Continue reading

October 7, 2013