A new residential rental option seems intriguing
STANDBY LIVING: Who says there’s no innovation in the residential real estate business? Standby living arrangements is a new residential offering from Landing, a subscription-based nationwide rental…
More missteps by Jerome Powell
ALL THE WRONG MOVES: Ya think? “POWELL’S LEGACY RISKS BEINGTARNISHED MORE BY SVB COLLAPSE “The collapse of Silicon Valley Bank threatens to further besmirch the reputation of…
Goldman finally sees the light
THE RIGHT MOVE: It’s taken them a whole lot longer than it should have, but Goldman seems to be figuring things out at last. But there’s still some…
Getting online account openings right
WHY ARE ONLINE APPLICATION ABANDONMENT RATES SO HIGH? BAI research has found that online abandonment rates for deposit account applications run as high as 70%. The BAI…
Wednesday Headlines: Depth of bond yield inversion recalls Volcker era
Bloomberg: Deepest Bond Yield Inversion Since Volcker Suggests Hard Landing Financial Times: Powell warns Fed is prepared to return to bigger interest rate rises CNBC.com: Berkshire…
The SPAC fiasco winds down
BACKFIRING: Wall Street innovation—on the march! “THE SPAC FAD IS ENDING IN A PILEOF BANKRUPTCIES AND FIRE SALES “It took only 10 months for Quanergy Systems Inc.,…
Housing unpleasantness on the way, but not a disaster
NOT A RE-RUN: I pretty much buy this. First Trust chief economist Brian Wesbury explains why, as brutal as the likely coming collapse in home prices could end up…
Larry Summers is kidding himself
SLOWING: What world is he living in exactly? Larry Summers complains that “the Fed’s been trying to put the brakes on, and it doesn’t look like the brakes are…
More trouble at Credit Suisse
This is not good: CREDIT SUISSE SHARES HIT NEW LOW AS CHAIR’S CLAIMS COME UNDER SCRUTINY Credit Suisse shares dropped to a record low on Tuesday…
Companies in Motion are an Opportunity for Banks
This should be a material positive for banks based in the South and Southwest: fully 29% of 150 C-Suite executives surveyed by consultant West Monroe said…