Silver as an investment

Category Archives: Collateralized debt obligation

“They’re Ba-ack!” – Citi Says Synthetic CDOs May Reach $100 Billion In 2017, 5x Increase In 2 Years

35-year-old Jia Chen of Citibank probably has no idea where that title quote above came from.  That’s because she was roughly 4 years old when Poltergeist II hit theaters back in 1986… …that said, Citibank, as we noted a few weeks back, has every confidence that Jia is the perfect person to put in charge […]

Fed Warns: “Asset Valuation Pressures Have Increased”, “Leverage Remains Elevated”

It is a long-running Fed tradition to quietly incorporate material warnings (deep within) about asset prices in the semi-annual Monetary Policy Report submitted as part of the Chair’s congressional testimony, and it did not disappoint this time either, when it made the following warning: “Nonfinancial corporate business leverage has remained elevated by historical standards even […]