The Wall Street Journal’s Nick Timiraos interviews Redfin CEO on the current housing market. Surprise surprise! Bidding wars. Comparative Home Sales Chart Market Flies…
Some tweets on the housing data.
Lee Adler @Lee_Adler actual inventory to sales ratio at 4.5 lowest since Aug 05. http://pbckt.com/pA.RnqWlY
Lee Adler @Lee_Adler NSA inventory revised down each month Nov to Feb. Completed units revised dow…
The markets got a gift in the week just ended, but they couldn’t do much with it. The Treasury paid down a whopping $50 billion…
The dark and dirty job of pointing out that the NAHB Housing Market Index present conditions index is up 11 points versus last April and…
The cash generated by the ECB’s second big LTRO operation has now settled in to wherever its holders wanted to park it so we’re entering…
While the media was touting a miss on consensus expectations, and Bloomberg posted an outright lie on Twitter, the actual unadjusted data did show a big improvement over the year ago performance.
The 10 year yield arrived at the top of the base pattern at 2.40 this week. At that point the stock market mysteriously got the…
Treasury supply was in line with the TBAC forecast in the week just completed, but there are signs in weak tax withholding that suggest possible…
The cash generated by the ECB’s second big LTRO operation began to find its level throughout the world financial system last week, but it will…
Treasury supply was in line with the TBAC forecast in the week just completed, and it should again be in line next week. The market…