About Me

Hi, I’m Greg Strosaker. A chaotically organized, distractedly focused, approximately precise, thoroughly brief, passionately disinterested, hesitatingly decisive and rigidly spontaneous study in consistent contrast.

The roles I play:
Product manager for a materials company.
Daddy to 3 boys 8 and under, oldest is autistic.
Hubby to rock star pediatrician.
Hardcore runner - marathon winner.
Amateur economist.
Unrepentant beer snob.
Aspiring sommelier.
Lifelong NE Ohioan, born in Akron, live near Cleveland.
Fascinated by technology and the interwebs.

Please visit Constant Cogitation and Predawn Runner
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finance

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Ahh yes, banks are rolling in the dough, we are finally back to "normal"

Media_httpwwweconomis_whlkc
via economist.com

Well, everyone wanted things to return to "normal" in the economy. Are you happy now? Can't wait to see what bonuses bankers get this year.

As the author of the original article accompanying this graph states, "even the worst bankers struggle to find ways to lose money when short rates are zero, the yield curve is steep, and credit is tight". Get ready for some really bad bankers to make a whole lotta pay.

Filed under  //  economics   finance  
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A Continued Restraint on Economic Growth: Tight-Fisted Banks

Media_httpeiudatapoin_mousa
via economist.com

This chart shows one of the major remaining risks to economic growth, and that is the continued stinginess of banks in loaning to businesses. The blog posts speculates that it may well be related to banks' uncertainty over pending regulations requiring larger cash reserves. While the need for higher cushions is clear, this high level is unhealthy, as the velocity of the money supply is reduced.

Filed under  //  economics   finance   manufacturing  
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How Bankers Think (an example from their Congressional testimony)

Media_httpwwwritholtz_zrqcq
via ritholtz.com

This seems about right. Fully consistent with their expressions. And given their audience, I can only partially disagree with their sentiments. Just a warning though - I suspect Rick Wagoner had similar thoughts, so just be sure you are not in the government grasps before letting your thoughts dictate your behaviors or body language.

Filed under  //  finance   government   humor  
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