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Since the financial crisis of 2007-2009, government agencies have taken a number of steps to ensure that banks can weather another economic downturn. In a perfect world, the next downturn...
Adequate capital is the most important factor when it comes to analyzing any insurer. That’s because capital levels can indicate what might happen to a company if the going gets tough and policy...
Passively managed exchange-traded funds are clobbering the performance of actively managed mutual funds this year. And brainy portfolio managers are starting to freak out. A recent piece in The...
There’s been a hope trade since the election that growth is going to come back, but we’ve seen little definitive policies accompany the promise of lower taxes, infrastructure plans, profit...
Last week I wrote about Property & Casualty insurers that began operation within the last five years. I outlined that of the rated ones, a majority are considered vulnerable, with a “D” or “E”...
After Amazon’s (AMZN) announcement that it was buying Whole Foods Market Inc. (WFM) for $13.7 billion in cash, shares of both companies went up. (Enough in Amazon’s case to essentially make the...
Oil prices have crashed from $52 to $42 in the last month. And China’s the culprit, say Wall Street analysts. China is an easy mark: Ghost cities, capital flight, shadow banking, rising dissent...
Insurance companies typically don’t elicit much sympathy from the public. We see them as either predatory, thieves or, at the very least, on par with lawyers as businesses that we rarely choose to...
Tech stocks may have caught a breather last week, and the S&P 500 may have dipped. But investors didn’t miss a beat. They were busy flooding the stock market with new capital! As of last...
We humans are pretty simple.  We want binary choices. Right, wrong. Up, down. Unfortunately, markets are often more complex. After the presidential election, investors expected this White House...