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You searched for: label/equity premia

Suspend Mark-to-Market?

…the basis for marking down the value of other assets in their portfolio, which directly reduces the Equity portion of the balance sheet, tri ggering all sorts of regulatory and…

Housing and Recession

…that equity extraction has been an important driver of consumer spending over the last few years. Even if housing prices remain elevated, a housing slowdown will lead to lower equity

A Regulatory Substitute to Burst Housing Bubble?

…Home Equity Lending was released. Many commentators (including me) saw this as an attempt to deflate the housing bubble. Apparently I was wrong about the intention of the Guidance. Responding…