Insurance Companies: Determining Value Creation
If you grow book value, particularly if your liabilities are short, you will grow market value. Many reinsurance and insurance … Read more
If you grow book value, particularly if your liabilities are short, you will grow market value. Many reinsurance and insurance … Read more
The recent chatter this week involves the usage off the $1 Trillion platinum coin. The purpose of this brief post … Read more
I recently had a chance to speak with Loomis Sayles’ Matthew Eagan who is co-manager of the famous Loomis … Read more
Earlier this week I published a piece on the CFA Institute’s Inside Investing section titled: Mortgage REITs: Does Doubling the Leverage … Read more
That was the question that Bill Gross asked in his latest monthly outlook. For now, that’s likely much more of … Read more
The latest in my recent posts for the CFA Institute. I think overall I am more bullish on the actual … Read more
By David Schawel, CFA of Economicmusings To QE or not to QE dominates economic headlines of late. Lost in this … Read more
The Economics Behind the HARP Program HARP, The Home Affordable Refinance Program, is a streamline refinance program developed to help … Read more
By David Schawel, CFA of Economicmusings A great report was put out today by Neal Soss and Dana Saporta of … Read more
The ups and downs of the post credit crisis markets are enough to drive the average market participant crazy, and … Read more
Remember the coup of December 4th 2009? TCW CEO Marc Stern announced the ouster of Jeffrey Gundlach and, to … Read more
While people tend to flock to the DoubleLine Capital conference calls, I’ve always been more interested in tracking the bonds … Read more
I could write a whole post on whether this whole JPMorgan Chase & Co. (NYSE:JPM) trading loss is being under … Read more
A number of hours per week for me are spent reading through various pieces of sell-side & independent economic … Read more
The plight of Spain is well known among market participants by now. While LTRO temporarily brought government yields (seemingly) under … Read more