Welcome to Charleston Real Estate Blog Sign in | Help

Browse by Tags

All Tags » Finance   (RSS)
Tuesday, January 31, 2012 7:30 AM

This report card has a BIG FAT F

A couple of big stories out there in the Financial World have my attention and it's only my opinion but I can't help but give a BIG FAT F on my report card. Unlike almost everybody from surprisingly on both the left and the right, I don't
Posted by Howard Arnoff | 0 Comments
Filed under: , ,
Thursday, August 18, 2011 7:54 AM

Don't mess with Uncle Sam, US inquiry eyes S&P ratings of mortgages

Payback is sometimes a b*tch. The NY Times reports that an investigation into S&P began before the ratings agency cut the United States credit rating earlier this month. But that action isn't likely to make life very comfortable for S&P. “The
Posted by Howard Arnoff | 0 Comments
Thursday, April 21, 2011 9:01 AM

Fortune writer trashes Zillow, "Why I'm not buying Zillow"

Fortune contributing editor Duff McDonald just trashed Zillow in what I think is the silliest financial analysis of a firm I've ever read. The background, Zillow has just filed the necessary paperwork for a proposed initial public offering of stock.
Posted by Howard Arnoff | 0 Comments
Tuesday, March 09, 2010 8:21 AM

Wall Street Anniversary week [highs and lows]

Barry Ritholtz at the Big Picture reminds us this week marks not one but two major Wall Street anniversaries. One year ago this week, the market made a 12 year low and back in 2000, the tech bubble popped. Barry called the March bottom last year. Here's
Posted by Howard Arnoff | 0 Comments
Filed under:
Wednesday, October 07, 2009 7:46 AM

Todd Harrison's Memoirs of a Minyan

One of my favorite columnists at MarketWatch is Todd Harrison and I eagerly followed his 18 chapter e book, Memoirs of a Minyan. Marketwatch published a chapter every Wednesday chronicling his career from Wall Street trader to founding the award winning
Posted by Howard Arnoff | 0 Comments
Thursday, August 20, 2009 7:10 AM

Thinking credit card reform, think again

The big news today is that the credit card act passed by Congress and signed into law by President Obama takes effect today. Highly touted as offering relief to the American consumer, it falls short on most counts. The bill does very little to actually
Posted by Howard Arnoff | 0 Comments
Thursday, November 13, 2008 1:17 PM

Dear Hank [I want to be a bank]

Hank, I hope you don't mind this informal note requesting bailout funds but as a Charleston real estate agent, I would like to convert my business into a bank holding company and become eligible for an injection of capital from the bailout fund that
Posted by Howard Arnoff | 1 Comments
Monday, October 13, 2008 8:32 AM

Paul Krugman wins Nobel Prize for Economics

... and he's probably very smart so what does he have to say about a solution to the financial crisis. Mr. Krugman thinks that British Prime Minister Gordon Brown and Chancellor of the Exchequer Alistair Darling did the right thing by injecting capital
Posted by Howard Arnoff | 0 Comments
Filed under: ,
Friday, October 10, 2008 5:21 AM

What a long strange trip it's been

The stock market effectively crashed yesterday on October 9th exactly one year after setting a record high and how did we get here. To quote the Grateful Dead, "what a long strange trip it's been". Back in February of last year I wrote about
Posted by Howard Arnoff | 2 Comments
Monday, September 29, 2008 8:48 AM

Trying times on South Tryon

Charlotte's banking landscape changed dramatically this morning when Citibank took over Wachovia in a deal brokered by the FDIC and the Treasury. Wachovia's downfall can be traced to the ill timed purchase of Golden West Financial and the Option
Posted by Howard Arnoff | 0 Comments
Filed under: , ,
Friday, September 26, 2008 7:19 AM

How the market works

To understand how the market works, supply and demand will usually determine prices. If there are more buyers than sellers, prices will go up, if there are more sellers than buyers, prices will go down. Where there is an equilibrium, prices will be stable.
Posted by Howard Arnoff | 0 Comments
Wednesday, September 17, 2008 6:24 PM

Update: Charleston real estate

It's not that I haven't been working the Charleston real estate market this week, simply, the events of the past days have been so extraordinary and compelling that I haven't written about Charleston real estate lately. So while the world
Posted by Howard Arnoff | 0 Comments
Wednesday, September 17, 2008 7:44 AM

Evaporated wealth

Yesterday, I wrote about how to lose a Trillion dollars. I may have underestimated. The NY Times has a wonderful interactive graphic showing how much wealth has evaporated in the last year and calculations are from Sept 12 and losses by these firms have
Posted by Howard Arnoff | 0 Comments
Filed under: ,
Tuesday, September 16, 2008 2:04 PM

How to lose a trillion dollars

The simple answer. Take financial risks and leverage your risk to the maximum. Now, a little more detail. Let's use the Case-Shiller index that shows that homes have declined in value by approximately 15% across the country in the last year. Of course,
Posted by Howard Arnoff | 2 Comments
Monday, September 15, 2008 9:44 AM

Just another Monday on the street

... Wall Street, that is. After a wild weekend hosted by the NY Fed, Lehman will liquidate after getting no buyers since Hank Paulson finally drew a line in the sand and wouldn't put taxpayer money at risk to bail out Lehman and no one wanted to touch
Posted by Howard Arnoff | 0 Comments
Filed under: ,
More Posts Next page »