Whitney: Sobering..More PAIN, Credit Cards, Local Gov Bonds

L

lrm21

Pretty Sobering analysis.


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I really like Meredith Whitney, and do not think her financial call was a byproduct of 'luck.' It was too specific, and she's not exactly a permabear.

Also, much of what she was saying two months ago about credit issues and credit card default rates and delinquencies is already coming to fruition, in a very specific, consistent way that she described it would.

She's one of the few analysts that I always pay attention to when she's interviews or gives a commentary.

In the world of finance, 98% of the analysts seem to be so consistently wrong, they make a mockery of the whole system. It's refreshing to see someone like Ms. Whitney come along, who apparently does a ton of research, and make the salient and timely calls that she has so far made.
 
Quote from ByLoSellHi:

I really like Meredith Whitney, and do not think her financial call was a byproduct of 'luck.' It was too specific, and she's not exactly a permabear.

Also, much of what she was saying two months ago about credit issues and credit card default rates and delinquencies is already coming to fruition, in a very specific, consistent way that she described it would.

She's one of the few analysts that I always pay attention to when she's interviews or gives a commentary.

In the world of finance, 98% of the analysts seem to be so consistently wrong, they make a mockery of the whole system. It's refreshing to see someone like Ms. Whitney come along, who apparently does a ton of research, and make the salient and timely calls that she has so far made.
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Yes and that is why I think she is starting her own firm. People are willing to pay top dollar for good analysis.
 
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