Month: December 2017

According to Black Knight, 4.44% of residential mortgages were delinquent in October, up from 4.35% in October 2016. 0.68% of mortgages were in the foreclosure process, down from 0.99% a year ago. This gives a total of only 5.12% delinquent or in foreclosure in the midst of tight credit spreads and low down payment (down … Continue reading Inverse Down Payment % is the Leverage You Have to Think About

As the merge between online and offline commerce and retail experience continues to grow, as evident with a decent major tech ecommerce players test a few pop-up shops in the past year or so with the likes of Ticketmaster and pure retail play like b8ta (personally very interesting in their model and how they could very well be on … Continue reading Future of Retail – Slow Shift in Consumer Spending Demographics

There are some fundamental divergences in the LIBOR rates, quoted in USD, British Pounds, the Euros, and Japanese Yen, which could have an interesting implication in how markets priced risks in different asset classes in different regions of the world. The divergence is probably mainly due to the lag or should I uncoordinated balance sheet … Continue reading Phasing out of LIBOR rate and U.S. Dollar ICE Swap Rate 10-Year Fixed to Floating Rate Notes

I came across an interesting quote yesterday that says we should gear our thought process and decision making "in terms of probability rather than possibility." This afternoon, I decided to spend some time browsing through SEC - EDGAR database's for "SEC Form 424B2", a form financial institutions have to submit before they offer their financial products to … Continue reading Growth of Structured Products – Upside Leverage but with Substantial Downside?

I wrote an piece a week and a half ago about the "Implication and Price Discovery of ETF Hedge on Illiquid Securities & The US Treasury's Public-Private Investment Program(PPIP)" which focuses on the intraday risks and potential dislocation of the nature of ETFs, which was well received by a few experienced investment professionals and not … Continue reading ETF Intraday Risks and Arbitrage in Non ETF-based Securities