Search Results for: whitney
The Recession Concept That Is Bothering The Market
The New York Times – Time to Say It: Double Dip Recession May Be Happening Double dip may be back. It has been three decades since the United States suffered a recession that followed on the heels of the previous... Read More
Munis Continue To Outperform
<Click on chart for larger image> Barron’s – Facts Get in the Way of Muni Disaster Story “There’s not a doubt in my mind that you will see a spate of municipal bond defaults,” Whitney predicted. Asked how many is... Read More
Munis/BABs Recovering?
<Click on picture for larger image> Bond Buyer – Scarcity Value Gives BABs a Boost When the Build America Bond program ended there were two schools of thought. One argued that BABs would become an orphan class, with prices in... Read More
Meredith Whitney
MarketBeat (WSJ Blog) – Meredith Whitney Still Warning on Munis, Muni Market Still Not Listening Meredith Whitney?s Muni Massacre II: The Re-Frightening, continues to mildly discomfort audiences across the nation, not unlike The Hangover II. Ms. Whitney is back on... Read More
“Professional Scary Person” Meredith Whitney Speaks
The Wall Street Journal – Meredith Whitney: The Hidden State Financial Crisis Next month will be pivotal for most states, as it marks the fiscal year end and is when balanced budgets are due. The states have racked up over... Read More
Could We Have A Bond Debacle?
Posted By Jim Bianco
The New York Times – Unbreakable Bonds LATE last year a well-known financial analyst, Meredith Whitney, predicted that ?50 to 100 sizable defaults? by state and local governments, amounting to hundreds of billions of dollars, were just around the corner.... Read More
Meredith Whitney Discusses Munis
Posted By Jim Bianco
USA Today – Maria Bartiromo interviews Meredith Whitney Meredith Whitney seems to be softening her concerns about a looming muni meltdown as politicians across the country address fiscal challenges more aggressively. Whitney, who now heads her own investment advisory firm,... Read More
Muni Defaults
Posted By Jim Bianco
<Click on chart for larger image> The Wall Street Journal – Muni Default Estimate: $100 Billion A consulting firm founded by economist Nouriel Roubini said there could be close to $100 billion of municipal-bond defaults over the next five years... Read More
Discussing Munis
Posted By Jim Bianco
<Click on chart for larger image> Bloomberg.com – U.S. Municipal Bond Market `Swung Too Far Into Default Panic,’ Pimco Says State and local bonds offer some of the most compelling value in credit markets because the U.S. municipal debt market... Read More
Munis
Posted By Jim Bianco
<Click on chart for larger image> The Financial Times – Wall St looks to boost market in US muni CDS Mounting concerns about the health of cash-strapped states such as California and Illinois has already resulted in increased trading of... Read More
Meredith Whitney’s Muni Call
Posted By Jim Bianco
The Financial Times – Lex: US muni smackdown One of several municipal analysts to ridicule Ms Whitney?s views wrote that she and Warren Buffett, who sees similar problems, are ?not only dead wrong, but out of their league.? Are these... Read More
Munis
Posted By Jim Bianco
The Wall Street Journal – Financial Advisers on Munis: Don’t Panic Like many financial advisers, Stan Richelson is fielding calls these days from clients wanting reassurance about their holdings in the municipal-bond market. His response: “Stop worrying; get over it.”... Read More
The Muni Default Debate Continues …
Posted By Jim Bianco
Bloomberg Businessweek – Best Muni-Bond Manager Says Whitney Call on Defaults Overblown Lyle Fitterer, the top manager of U.S. municipal-bond funds in the past decade, sides with Bill Gross and against Meredith Whitney in his view that fiscally strained states... Read More
Fear And Loathing Of Muni Bonds Ratchets Higher
Posted By Jim Bianco
Comment From this list below, which only includes stories we found since Saturday morning, let there be no doubt that the financial press is hyperventilating about the state of municipal finances. The Wall Street Journal – Municipal Bonds Lose Ground... Read More
Muni Defaults
Posted By Jim Bianco
The Financial Times – Debate rages over muni bond defaults Warren Buffett has warned of difficulties ahead. So has hedge fund manager Jim Chanos and Meredith Whitney, who foresaw the problems at US banks ahead of the financial crisis. If... Read More
Munis
Posted By Jim Bianco
<Click on chart for larger image> Bloomberg.com – Illinois Default Insurance Cost Rises as Weak States Punished: Muni Credit The cost of insuring Illinois?s bonds against default rose to the highest level in five months as the state headed for... Read More
More On The Start Of The Great Bond Exodus
Posted By Jim Bianco
The Associated Press – Surge of money from bonds could stifle lending A sudden shift in saving habits could spell trouble for borrowers as Americans exit bond funds Americans are leaving bond mutual funds at the fastest rate in more... Read More
Is This The Start Of The Great Bond Exodus?
Posted By Jim Bianco
Bloomberg Businessweek – Bond Fund Investors Pulled Out Most Money in Two Years Last Week Bond mutual funds had the biggest client withdrawals in more than two years last week as a flight from fixed-income investments accelerated. U.S. bond funds... Read More