Author: valueplays

GSE Litigation Call Audio

This is REALLY good as it explains the various arguments in the GSE litigation and how the Appellate Court judges reactions during arguments might foreshadow their potential ruling. LINK HERE 

The Dollar & International Equities

The Dollar & International Equities

This is a good time to review the action of the US$ on International Equities for US investors. Recent notes have focused on the correlation of oil and the Trade Weighted US$ Index Major Currencies. Below in the 1st chart […]

FannieGate: Perry Appeal Transcript

FannieGate: Perry Appeal Transcript

Reading this through I think the worst that happens for plaintiffs is the case is sent back to Lamberth with directions that a full administrative record must be supplied….. Plaintiff lawyers got very little pushback on that when they listed […]

Housing Recovery on Track

Housing Recovery on Track

“Davidson” submits: “Single-family housing starts in March were at a rate of 764,000; this is 9.2 percent (±10.3%)* below the revised February figure of 841,000.” https://www.census.gov/construction/nrc/pdf/newresconst.pdf   “U.S. housing starts fell more than expected in March and permits for future […]

Actually, the Private Economy Is Doing Just Fine

Actually, the Private Economy Is Doing Just Fine

The biggest risk in the investing world is the risk of going against the crowd and being wrong! Everyone fears that all will remember if you have been horribly wrong especially if you have fiduciary responsibility for someone else’s pension […]

Chart via Cap IQ

MetLife Ruling On SIFI Status Analyzed

MetLife Ruling On SIFI Status Analyzed There are a few moving parts here. The full marked up pdf is linked to below for those who want to read the decision. The judge ruled for $MET based on the FSOC’s ruling […]

S&P Intrinsic Value Rises to 2,048

S&P Intrinsic Value Rises to 2,048

“Davidson” submits: There is nothing from my perspective to argue about our economic trends since 2009. The trends continue higher with employment hitting new highs, 246,000 added to the March Household Survey, vehicle sales continue at record levels, 17.1 March […]

Salomon Brothers and Valeant

Salomon Brothers and Valeant

With all the attention on Valeant lately it has reminded me of Buffett’s Salomon adventure. No, I am not saying these two situations are “exactly” the same but there are a ton of similarities. For those who want the crib […]