But that cycle is over. The banks are going to get squeezed.
Business conditions at the banks will not be swayed by the latent loss.
United may have to pay more cash to the PBGC and others and it'd be difficult to find the money. They'll either have to get the banks to advance more or go find an equity sponsor who will put enough cash in there that creditors will get a meaningful distribution.
United may have to pay more cash to the PBGC and others ... and it'd be difficult to find the money. They'll either have to get the banks to advance more or go find an equity sponsor who will put enough cash in there that creditors will get a meaningful distribution.
With the miners looking shaky, the temptation is to look elsewhere; either for earnings certainty or for relative underperformance, and the banks have that in spades.
With the indexes edging up, retail investors will gradually return to trading. Institutions such as insurers, pensions and overseas banks will restore interest in the markets, partly thanks to low pricing and the country's economic boom.
Mother Nature plays strange tricks in strange ways, but the Outer Banks has been spared a direct hit.
It could be, ahead of earnings, the market is trying to separate out the banks it thinks will actually do well even in the higher interest rate environment,
Now the game has changed and there's a greater risk of capital loss. Banks won't take as many chances now.
It brings the value of your farm a lot higher, so the banks are happy -- they know they can go out and sell your land to cover your debt now.