Risk – Page 6 – Econophysics2020

Housing Heat

Systemic Risk in the Red Ponzi

According to Reuters, Beijing now wants a full accounting of everything going on at local developers. “The government is monitoring everything now, unless you want to cheat, but they will be able to tell from your monthly figures,” said a senior executive at one of the developers in the pilot scheme. Following concerns of too much developerContinue reading “Systemic Risk in the Red Ponzi”

Adrift in the Range Bound

Bouncing off support.

Loss Loss Reserves – and CECL Relief

With Senator Chuck Schumer covering their backs under CARES Act stimulus, mega banks don’t need to think much about reserving for losses on financial instruments under Current Expected Credit Losses or CECL (pronounced Cecil). So, what kind of reserves are indicated? A lot less than the Crash.

Mine the Gap

Timing the puts can take some time.