Gloomy investor Eric Sprott argues that banks remain extremely leveraged -- especially Canadian banks! -- and that with regulators now looking to make up for the bailout, it's a particularly bad time to be investing in banks, a la John Paulson....
Meredith Whitney, the analyst who
has no “buy” recommendations on U.S. banks, said valuations on
lender stocks are too high and what “scares” her most is the
government stepping away from buying mortgage-backed securities.
Meredith Whitney made a brief appearance on Bloomberg radio this morning, but it doesn't sound like she said anything potentially market-moving, like she did Monday on CNBC.
Instead she talked about regulation, and whether new government limits...
John Paulson told investors that there is still money to be made investing in banks. He sent out a letter to investors today with his latest market forecasts.
The hedge fund manager sees "'big opportunities to wager on price discrepancies in...
Meridith Whitney is one of the most respected financial analyst in the business. She was one of the few analyst who called the market top in 2008 and was bold and honest enough to make her views public.
In this...
Anyone counting on a meaningful economic recovery will be greatly disappointed. How do I know? I follow credit, and credit is contracting. Access to credit is being denied at an accelerating pace. Large, well-capitalized companies have no...
Uber-bank analyst Meredith Whitney was on CNBC yesterday and was quite concerned about how the Federal Reserve is going to extricate itself from its asset purchase programs in the period ahead, programs that have kept long-term interest rates...
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