Graph !!!!!! 2 - The next Generation

sabretoothtigger

Thats a very good point, didnt think of it like that.

Buffet actually stated this as a big positive for banks as it means spreads are larger then ever before and profitability quite likely on their current business, the thinking behind his bank pref shares no doubt



Here is a !!!!!! video for you addicts, lots of graphs in here after a short clip of schiff in 2002 with his familiar retoric.

http://www.youtube.com/watch?v=AXGOq-ys9Js

2007-2009 World Financial Crisis.svg
(2007-2009) WORLD FINANCIAL CRISIS
██ Countries in official recession (two consecutive quarters)
██ Countries in unofficial recession (one quarter)
██ Countries with economic slowdown of more than 1.0%
██ Countries with economic slowdown of more than 0.5%
██ Countries with economic slowdown of more than 0.1%
██ Countries with economic acceleration

Cannon_Fodder

In the interests of accuracy, and for comparison next month/quarter/year...

poppy10_2

What a difference a year makes:

March 2008:


March 2009:

Cannon_Fodder

Including Halifax...

John_Pierpoint

Try this link:
http://www.newssift.com/faq.jsp
Brought to you by those nice people at the FT.
It certainly seems to offer a much quicker way of finding something useful than blundering about on Google.
I cannot see it remaining free for long.

poppy10_2

sabretoothtigger

So including inflation say, we're back to 2003 prices roughly.
Doesnt seem unreasonable to expect some recovery as we approach 100k average,
eg. 122k assuming 100k in 2002 was true to an average and 3% long term growth


The difference in those lines shows the difference in mortgage business valuations a commercial bank operated ?

Cannon_Fodder

chucky

Cannon_Fodder wrote: »

there only mortgage approvals of less than 30% of the mortgage market - they're not to be taken too seriously

sabretoothtigger

I take it seriously, it says we have 12% and 16% falls from a year ago. Which is suitably gloomy and the other argument would be the 'less worse' perspective
Did the market fall in a straight line in 1990 or did the rate of descent vary