_mindMeld » Finance http://www.mindmeld.ws/blog Les Stroud on Technology, Life, Liberty, and the Pursuit of Happiness Wed, 15 Jun 2011 02:10:58 +0000 http://wordpress.org/?v=2.8 en hourly 1 Bank Stress Test Stressed http://www.mindmeld.ws/blog/2009/07/03/bank-stress-test-stressed/ http://www.mindmeld.ws/blog/2009/07/03/bank-stress-test-stressed/#comments Fri, 03 Jul 2009 15:02:56 +0000 Les Stroud http://www.mindmeld.ws/blog/2009/07/03/bank-stress-test-stressed/ It looks like the bank stress test has proven to be a political stunt more than a useful indicator. At the very least, this is not good.

This is a quarterly forecast: the Unemployment Rate in Q2 was higher than the “more adverse” scenario. Note also that the unemployment rate has already exceeded the peak of the “baseline scenario”.

link: Calculated Risk


]]> http://www.mindmeld.ws/blog/2009/07/03/bank-stress-test-stressed/feed/ 0