tag:blogger.com,1999:blog-14963913.post378804607176392839..comments2023-10-27T20:27:57.900-04:00Comments on Kid Dynamite's World: Stress Tests and Green ShootsKid Dynamitehttp://www.blogger.com/profile/17475987512856310577noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-14963913.post-25641035225539246452009-05-08T11:04:00.000-04:002009-05-08T11:04:00.000-04:00Nice post, KD. Mr. P points out that the stress-t...Nice post, KD. Mr. P points out that the stress-tests also extrapolate forward the juiced Q1 bank PnL. Seems unlikely banks will be able to sustain that sort of bogus run, so the offset PnL provides to the losses calculated in the stress-tests is likely to be considerably lower.<br /><br />Oh, and who believes the crap loss assumptions to begin with? It's beyond bogus.<br /><br />One last thing. Fannie may reported dismal numbers this morning and they see house prices continuing their slide this year. So much for the thesis that the carnage in the conforming loan market was over.Anonymousnoreply@blogger.com