Comments
Transcript
-
SFNot sure Chris's advice on the housing market in the NW US is on track. The NW is a high priced, volatile market, and if a 1/3 of the home owners in forbearance end up defaulting (his estimate), this could have a negative impact on the over-all housing market. If I were thinking of purchasing a house in the NW US, I would sit on the sidelines for another 6 months or so, and monitor actual purchase / closing prices, inventory levels, days on the market, etc. I do agree, the interest rates are not going higher anytime soon, so there's no reason to purchase right now, unless you find a smoking deal...
-
SSFantastic interview. Thank you both.
-
SWSteve W, Would Chris share which preferreds he would buy now?
-
DRThank you for providing the transcript!
-
JRVery few have the depth of knowledge w regard to banks like Chris does. Have to say though....find it odd that given his insight, the only exposure he indicated he has is in some blue chip preferreds.
-
BM"We don't need politicians and well-intentioned economists telling people whether they should pay dividends or not. We have enough interference coming from the political sphere in the markets right now." Amen, and hallelujah. Great guest and great (as usual) questions asked by Ed.
-
TPI'd like a break from the trend of privatizing profits and socializing losses when it comes to banks. Luckily the Fed has gone off the rails, so the ensuing insolvency should be interesting. No one is going to get bailed out when that hits. A functioning capitalist system penalizes misallocation and poorly managed businesses. Its long overdue that we return to that system.
-
CTNo chapter topic splits? They're super useful in all videos.
-
RSCan't wait for the transcript, the explanation of Mark Calabria's actions was very insightful.
-
BPChris is excellent, really great interview.