MARKET WATCH

7.21.2008
BENEWOLF starts a blogging site.  The content will feature thoughts on today's markets in the banking and loan sale industries.

5.5.2008
Courtesy of thebigpicture.com

4.2.2008

2.6.2008
With commercial real estate markets deteriorating, Comptroller of the Currency John Dugan urged bankers Thursday to take proactive steps — or face harsh treatment from examiners. View the entire article from American Banker.

2.1.2008
During the recent boom in mortgage lending, aggressive marketing, extremely flexile loan terms and pay practices encouraged brokers to make loans with high interest rates...  Click here to view the WSJ article: Wall Street Journal: Raising the Subprime Bar.

1.29.2008
Tim Iacono, proprietor of themessthatgreenspanmade.com on "The Bernanke Cycle".  Tim is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.

1.  Federal Reserve cuts interest rates
2.  Equity markets surge
3.  Dollar decline accelerates
4.  The price of oil and gold soar
5.  Treasury reiterates "strong dollar policy"
6.  Housing market problems get worse
7.  Credit market problems get worse
8.  Dollar decline accelerates
9.  The price of oil and gold soar
10. Federal Reserve talks tough on inflation <----- YESTERDAY
11. Treasury reiterates "strong dollar policy"<----- YESTERDAY
12. Equity markets plunge <------------ YOU ARE HERE
13. Go to step 1

12.31.2007
The technology behind the collateralized debt obligation, or CDO, has been around since the 80's, but only more recently has it been applied to mortgage-backed securities.  To view the full article click HERE.

12.27.2007
The Census Department released their New Home Sales data.  Sales of new one-family homes in November, 2007, fell to a 12-year monthly low.   The seasonally adjusted annual sales rate was 647,000, far below the consensus of 720,000.  As expected, October sales were revised downwards.  To view the full article click HERE.