As you know well by now if you have been to either of our message boards more than a couple times, I am a stickler for respecting copyright and posting only snippets of stories from third party sources, with clear attributions and links. That’s why I was so incensed when I got the note...
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Posts Tagged ‘ Housing Market ’
Screw You, New York Times
Distortions, Distortions – Professional Edition Fed Report
Today’s release of existing home sales by the NAR shows that Federal housing gift programs continue to distort the housing market. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will...
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Radio Free Wall Street 12/2/09
Russ Winter rejoins Lee Adler to discuss the current state of the market.
Not a subscriber? Click here to hear a free preview. Or listen to a free release of the November 18 podcast with Lee Adler and Aaron Krowne about the state of the housing market, and the future of Fed efforts to prop...
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We Got It Right, Wall Street Media Gets It Wrong
A few of us were reminiscing this weekend over on the Stool Pigeons Wire about certain calls on the housing market made by yours truly back in mid decade, the biggest one being that I sold my house in Florida in June of 2005–actually April, with a June closing. Sold it myself in fact,...
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Radio Free Wall Street 11/25/09
Russ Winter rejoins Lee Adler to discuss the current state of the market.
Not a subscriber? Click here to hear a free excerpt. Or listen to a one time only free release of last week’s podcast with Lee Adler and Aaron Krowne about the state of the housing market, and the future of Fed efforts...
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Radio Free Wall Street 11/18/09
Aaron Krowne joins Lee Adler to discuss the current state of the housing market and the future of Fed efforts to prop it up. Another crisis is brewing.
Not a subscriber? Click here to hear a free excerpt.
To subscribe and hear this podcast right now, click here!
Subscribers, click player to start.
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Mass Psychosis – Professional Edition Fed Report
The Treasury finished up a light week with a 4 week bill auction that drew another wave of panic buying keep the rate near zero. There’s no real sign of a letup to the mania, as terrified investors continue to seek the “safety” of the shortest term Treasuries. Panic behavior of this nature...
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Fed Coy As Panic Boosts Treasuries – Professional Edition
The mortgage applications data released on Tuesday continues to cast doubt on the NARs data showing a recovery or stabilization in the housing market. I don’t question their data, but the MBAAs data and Zillow’s data do not support it. See http://wallstreetexaminer.com/2009/09/01/more-little-lies-and-big-spin-gains-or-blips
The Treasury completed 3 bill auctions this week with buying at panic levels,...
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More Little Lies and Big Spin- Gains or Blips?
The FIM (Financial Infomercial Media) has gifted us with more nonsense today in the form of Pending Homes Sales data from the NAR (Realtors) and the Purchasing Managers Manufacturing Index from the ISM (Purchasing Managers).
Bloomberg was positively ecstatic about the housing data, proclaiming “The number of contracts to buy previously owned homes rose more...
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Radio Free Wall Street 8/27/09
Lee Adler and Aaron Krowne dissect the Consumer Confidence and housing market data, and assess the outlook for stocks and bonds.
Not a subscriber? Click here to hear a free preview.
Listen to any podcast prior to April 22, 2009. Click here for archive. Be surprised!
Listen to the July 17, 2009 podcast in its entirety for...
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Dancing the Con Con
Over the years I have frequently pointed out what a stupid indicator the Conference Board’s Consumer Confidence indicator is, at least when it comes to the stock market. It’s like a dog chasing its tail. The Con Con, you see, follows the market. Then, each and every month for a half hour or so...
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Actionable The Sugar High
In addition to a housing overshoot, the sugar high market is going to have to deal with a commercial real estate financing crisis over the duration of 2009 when $178 billion in maturities come due. This is against the backdrop of a CMBS market that has not put forth even one new issue in...
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Radio Free Wall Street 5/14/09
Lee Adler and Aaron Krowne discuss the latest financial news, with an in depth look at the housing market “recovery”, and extended comments on health care, and the stock market outlook. Click the following links to access the charts (podcast subscribers only).
Single family home sales price and volume trends.
Sales volume and inventory trends....
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Signs of Housing Bottom True or False? Professional Edition
In this 2 part review of the housing market we look at the recent signs of improvement in the market and answer the question of whether it represents the bottom. Click here to download part 1 of the report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days....
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No Improvement in Housing Demand – Professional Edition
In part 2 of our housing market review, demand indicators show no real sign of improvement. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a...
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Fed Report Publication Note
The Fed Report will not be published today. There were no Treasury Auctions, no new Treasury Announcements, and no substantive changes in any of the other data tracked in the report except for the Mortgage Applications Index. That showed a steep drop to another 7 year low, below the lowest level recorded in 2001....
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Housing Demand Hosed – Professional Edition
In part two of the Housing Market Update we look at demand indicators, and the picture isn’t pretty. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give...
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