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Markets are constantly in a state of uncertainty and flux and money is make by discounting the obvious and betting on the unexpected. - George Soros

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Entries Tagged ‘Catharsis’

The Commercial Real Estate Mortage Backed Securities

The level of complacency is astounding in my opinion.
Take the CMBS market for example. Commercial Real Estate Mortage Backed Securities stuff is not some joke…consumer credit shrunk for the first time since 1950 and the consumers are pulling back and ratilers are going bust and then commercial real estate guys are defaulting and that would [...]

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We just missed the mother of all crashes today.

The cost? $280 Billion. I think the market sells off tomorrow…
“It came on a day when the Federal Reserve poured almost $300 billion into global credit markets and barely dented the anxiety.
Hoping to shore up confidence with a show of financial shock and awe, the Federal Reserve stunned investors before dawn on Thursday by announcing [...]

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