Silicon Valley Bank - CIO Vantage Pointhttp://www.svb.com/FeedBurnerRss.aspx?type=publications&id=10737424619http://www.svb.com/images/logo-svb-color.pngSilicon Valley Bankhttp://www.svb.com/FeedBurnerRss.aspx?type=publications&id=10737424619Latest Publication Updates for Silicon Valley Banksvb-joe-morganhttp://feedburner.google.comThoughts From Joe - May 10, 2013Joe Morgan, CFA
Joe Morgan, CFAHigh yield (or is it?), student loans, mortgage improvements, and lower deficits.  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/tM7uhbAvNOc/Fri, 10 May 2013 21:24:24 GMT10737423562http://www.svb.com/Blogs/Joe_Morgan/Thoughts_From_Joe_-_May_10,_2013/The Permanent Income HypothesisJoe Morgan, CFA
Joe Morgan, CFAFor the higher stock market to translate into a stronger economy, investors and consumers must "believe" the valuations are here to stay.  Do they?  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/384JJ7A3Dfc/Wed, 08 May 2013 16:56:32 GMT10737423539http://www.svb.com/Blogs/Joe_Morgan/The_Permanent_Income_Hypothesis/Thoughts From Joe - May 3, 2013Joe Morgan, CFA
Joe Morgan, CFAJob improvement, steady FOMC, and possible negative euro-rates.  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/Kf8b--RluWs/Fri, 03 May 2013 20:18:45 GMT10737423513http://www.svb.com/Blogs/Joe_Morgan/Thoughts_From_Joe_-_May_3,_2013/Mortgage BustJoe Morgan, CFA
Joe Morgan, CFAThis week, President Obama nominated Congressman Mel Watt to be the new director of the Federal Housing Finance Agency (FHFA).  This likely marks a significant change in government's approach to delinquent borrowers.  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/uqQt8sJ7Z8M/Thu, 02 May 2013 16:18:18 GMT10737423487http://www.svb.com/Blogs/Joe_Morgan/Mortgage_Bust/Thoughts From Joe - April 26, 2013Joe Morgan, CFA
Joe Morgan, CFAThe NVCA, German slump, US Growth, and China weakness.  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/o_UNF6uw5XA/Fri, 26 Apr 2013 22:14:06 GMT10737423443http://www.svb.com/Blogs/Joe_Morgan/Thoughts_From_Joe_-_April_26,_2013/Is the Economy Driving You to Drive Less?Joe Morgan, CFA
Joe Morgan, CFA

The energy revolution today is centered on fracking - a method that mines gas from shale.  But another interesting development in the energy sector is occurring: we are trying to use less.

  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/yFfQLew-ojs/Wed, 24 Apr 2013 20:00:12 GMT10737423429http://www.svb.com/Blogs/Joe_Morgan/Is_the_Economy_Driving_You_to_Drive_Less_/Thoughts From Joe - April 19, 2013Joe Morgan, CFA
Joe Morgan, CFA

Multi-family boom, IMF bust, a French pause, and Chinese growth.

  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/MYj8s3Eb5Fc/Fri, 19 Apr 2013 21:11:14 GMT10737423382http://www.svb.com/Blogs/Joe_Morgan/Thoughts_From_Joe_-_April_19,_2013/Start Your Engines?Joe Morgan, CFA
Joe Morgan, CFA

U.S. economic stability that began forming in 2012 continued into the first quarter and in some areas true signs of growth are emerging. 

Is the economy finally ready to get off the starting line?

  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/Nt1IFJoSIns/Wed, 17 Apr 2013 19:45:17 GMT10737423362http://www.svb.com/Blogs/Joe_Morgan/Start_Your_Engines_/Is Where Becoming More Important Than Why?Joe Morgan, CFA
Joe Morgan, CFAThe job of the equity manager involves balancing both macro and micro issues when making investment decisions; first, the decision whether to invest and second the decision where to invest.  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/R4q5QItMUlM/Tue, 02 Apr 2013 18:44:27 GMT10737423188http://www.svb.com/Blogs/Joe_Morgan/Is_Where_Becoming_More_Important_Than_Why_/Thoughts From Joe - March 22, 2013Joe Morgan, CFA
Joe Morgan, CFAThe danger of Cyprus, FOMC keeps grooving, and the government sues banks again.  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/K73_BWiTQQ4/Fri, 22 Mar 2013 20:41:25 GMT10737423129http://www.svb.com/Blogs/Joe_Morgan/Thoughts_From_Joe_-_March_22,_2013/Don't Be a Cypriot!Joe Morgan, CFA
Joe Morgan, CFAThere is more than one way to recapitalize a banking system.  Cyprus is choosing a unique tax.  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/lYGYQf20J7Q/Mon, 18 Mar 2013 18:44:57 GMT10737423113http://www.svb.com/Blogs/Joe_Morgan/Don_t_Be_a_Cypriot!/Thoughts From Joe - March 15, 2013Joe Morgan, CFA
Joe Morgan, CFADow record, job turnover, shopping mall madness, and Washington stasis.    Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/CsR5do_7Wa8/Fri, 15 Mar 2013 21:04:43 GMT10737423109http://www.svb.com/Blogs/Joe_Morgan/Thoughts_From_Joe_-_March_15,_2013/The “Recovery” is Behind UsJoe Morgan, CFA
Joe Morgan, CFAThere are three phases to the economic cycle: growth, recession, and recovery. The U.S. is no longer recovering – the recovery is already here and gone!  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/_EC6qQ4y2IQ/Thu, 14 Mar 2013 16:25:57 GMT10737423101http://www.svb.com/Blogs/Joe_Morgan/The_“Recovery”_is_Behind_Us/Thoughts From Joe - March 8, 2013Joe Morgan, CFA
Joe Morgan, CFAWeathered jobs, Dow peak breaks, and anecdotal support.  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/a6qLPazzBMQ/Fri, 08 Mar 2013 23:10:07 GMT10737423070http://www.svb.com/Blogs/Joe_Morgan/Thoughts_From_Joe_-_March_8,_2013/Yet Another False DeadlineJoe Morgan, CFA
Joe Morgan, CFAIt's no wonder we don't worry about the same things as Washington.  After all, there are many differences between us and them.  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/woA7zsWv254/Wed, 06 Mar 2013 17:48:09 GMT10737423046http://www.svb.com/Blogs/Joe_Morgan/Yet_Another_False_Deadline/Thoughts From Joe - March 1, 2013Joe Morgan, CFA
Joe Morgan, CFAGDP, Italy, UK, and Sequester Day!  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/pVAAM90wu5k/Fri, 01 Mar 2013 21:26:29 GMT10737423029http://www.svb.com/Blogs/Joe_Morgan/Thoughts_From_Joe_-_March_1,_2013/Housing DemystifiedJoe Morgan, CFA
Joe Morgan, CFAThere was plenty of reason for terminal housing bulls to snort and pound their hooves this week, however a longer-term view argues for a more docile view.  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/H4Bw_v5J8wE/Thu, 28 Feb 2013 16:55:00 GMT10737423020http://www.svb.com/Blogs/Joe_Morgan/Housing_Demystified/Thoughts From Joe - February 22, 2013Joe Morgan, CFA
Joe Morgan, CFAGetting Bowled over, Italian decisions, and sequestration frustration!  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/n7zvIAwj-tQ/Fri, 22 Feb 2013 21:19:59 GMT10737422997http://www.svb.com/Blogs/Joe_Morgan/Thoughts_From_Joe_-_February_22,_2013/Sequester SemesterJoe Morgan, CFA
Joe Morgan, CFASequester spending cuts are coming.  Will Congress focus on the ax or the chicken?  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/e_2dMwCX0Q4/Wed, 20 Feb 2013 17:53:50 GMT10737422972http://www.svb.com/Blogs/Joe_Morgan/Sequester_Semester/Thoughts From Joe - February 15, 2013Joe Morgan, CFA
Joe Morgan, CFAMerger February, Europe recession, payroll tax woes, and the Fed’s high yield conundrum.  Read More]]>http://feedproxy.google.com/~r/svb-joe-morgan/~3/jaPWzSgxw7c/Fri, 15 Feb 2013 21:35:34 GMT10737422940http://www.svb.com/Blogs/Joe_Morgan/Thoughts_From_Joe_-_February_15,_2013/