Deciphering the Bank Stress Tests May 20, 2009
Posted by Jeff Nabers in : Money , add a commentHere are a couple highlights for a recent post over at Daily Reckoning regarding the bank stress test results.
- Banks need about $75 billion to reach “adequate capitalization”
- “Adequate capitalization” is when common equity equals 4%
- Common equity being at 4% means a debt-to-equity ratio of 25-to-1
- The current bank needs do not factor in the potential for bank assets to lose their value
- The current bank needs are based on a rosy worst case scenario of (more…)
How to Cope with Your New $50k in Forced Debt This Year March 6, 2009
Posted by Jeff Nabers in : Money, Personal Enjoyment, Personal Productivity, Uncategorized , add a commentThere are about 100 million non-government, non-taxpayer-paid workers in the U.S.
$3 trillion normal government spending + $2 trillion additional emergency spending = $5 trillion government spending in 2009.
That amounts to $50,000 of government spending per non-government, non-taxpayer-paid U.S. worker in a single year.
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S&P Price-to-Earnings Ratio Says Market is Still 70% Overpriced March 3, 2009
Posted by Jeff Nabers in : Money, Self Directed IRA Solo 401k , add a commentIf you are choosing to stay in the stock market right now because of any of the following reasons…
- It is poised to bounce back
- You don’t want to close out losing positions
- Stocks are cheap right now
…then the simplicity of the following information may shock you.
Last week (more…)
News Flash: World Decides Not To End February 25, 2009
Posted by Jeff Nabers in : Money, Precious Metals , add a commentI want to get this news flash out to you, but there’s no sense in reinventing the wheel. I think the first half of Bill Bonner’s recent blog post sums it up. See it here.
