As most readers know, a large part of a bank’s earnings power is its net interest margin, per WSJ: More precisely, it is a measure of the difference between what a bank pays to get deposits or other funds, and what it charges to lend money. A bank usually bases...
I joined my fellow CNBC Fast Money panelist Guy Adami and our friend Danny Moses (who you may know from The Big Short) on another episode of our podcast, On The Tape. See more about what we’re doing here. You can give it a listen on the website or at...
My good friend Peter Boockvar, CIO at Bleakley Advisors and author of the blog, BoockReport.com had a note out this morning with a mention of the price action in corporate bonds: I talked yesterday about the record high duration in US corporate bonds and LQD...
Markets feel funky. I have been saying that for a while now, and while I am generally fairly optimistic about the back half of the year as we see the full impact of the 3rd round of fiscal stimulus since the start of the pandemic and a population reaching herd...
In addition to our On The Tape episodes from last week (our latest and greatest below, it was a bitcoin batle), I was on my friend Josh Brown’s The Compound Show that dropped Friday. Josh and I catch up after fairly limited contact over the past year, we share...
