This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:483 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

Read more

Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:832 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

Read more

Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:923 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

Read more

The Country's First Newly Elected Lame D…

27-03-2017 Hits:1263 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

Read more

Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:2136 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

Read more

The Transformation of Television in Amer…

21-03-2017 Hits:2378 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

Read more

It's the Real Estate Crash That I Warned…

20-03-2017 Hits:2917 BoomBustBlog Reggie Middleton

It's the Real Estate Crash That I Warned You About (again)

I've issued several warnings late last year warning of the real estate bubble peaking and popping. I feel I'm especially qualified to do such since I quite accurately called the...

Read more

When It Comes Time To Show and Prove, Eq…

20-03-2017 Hits:2466 BoomBustBlog Reggie Middleton

When It Comes Time To Show and Prove, Equity Markets May Drop Hard

The markets have gotten euphoric since the Trump election, apparently because someone believed what he was selling. Take a look at the broad market jump (powered greatly by the bank...

Read more

So, Brexit Is Now Almost Official. Is Th…

20-03-2017 Hits:1462 BoomBustBlog Reggie Middleton

Note: All downloadable legacy content is for subscribers only. We currently have a sale for $11 per month for basic access. Professional subscribers are now evevated to have direct access...

Read more

In Less Than Two Weeks, Another Bitcoin …

17-03-2017 Hits:3372 BoomBustBlog Reggie Middleton

In Less Than Two Weeks, Another Bitcoin ETF Faces SEC Deadline - It's Denial Is NOT A Bearish Event

LedgerX's "SOLIDX BITCOIN TRUST" has an approval deadline this March 30th, 2017.If it is approved, Bitcoin is due for one hell of a bump, but...  

Read more

The Fed Raises Rates While Still Baby Fe…

17-03-2017 Hits:3057 BoomBustBlog Reggie Middleton

The Fed Raises Rates While Still Baby Feeding the MBS Market With Billions in Monthly Purchases

The Fed has raised rates, officially making real what was mere signaling of the end of its expansionary era... Or is it? You see, from a practical perspective, QE is...

Read more

A Bitcoin ETF or Similar Regulated Insti…

16-03-2017 Hits:3637 BoomBustBlog Reggie Middleton

A Bitcoin ETF or Similar Regulated Institutional Vehicle is a Forgone Conclusion - What Happens Next?

Someone with over 53 years on Wall Street sent me this article from Lex of the Financial Times...

Read more

From FT.com, Morgan Stanley is trying to raise cash to pad next months results. This past quarters results were essentially a loss sans the sale of operating assets. Morgan Stanley has few to no untainted assets left to sell, and the macro and operating environment is getting worse, not better:

Morgan Stanley, hammered by credit crunch losses, plans to sell half its remaining stake in MSCI, the portfolio analytics and equity indices company, for about $850m.

The move comes after Morgan Stanley boosted its second quarter profit with a $732m gain on a secondary offering of shares in MSCI, which went public last November. Morgan Stanley and other banks have been moving aggressively to raise cash after credit crises losses and declines in revenue.

 

Morgan’s second quarter profit of $1bn would have been essentially wiped out without one-time gains from MSCI and the sale of a Spanish wealth management business. I forecasted this back in January. This next quarter may be a doozy, and there very well may be a major bank failure in the next two quarters. Trichet will probably raise rates, which will make the marginal banks (nearly all of them) even sicker. I am looking very closely at the risk management of even more I banks, and if my investment thesis pans out I will push my bearish reach even farther and deeper. I will keep the blog posted.