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Overseas losses hit Ford earnings in Q1

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WSJ Reports on Bidding Wars in the Housing Market- Video

The Wall Street Journal’s Nick Timiraos interviews Redfin CEO on the current housing market. Surprise surprise! Bidding wars.   Comparative Home Sales Chart Related story- Shiller Unaware Bernankinflation Winning   Get regular updates on the US housing market, and stay up to date with the machinations of the Fed, Treasury, Primary Dealers and foreign central banks…

Mind Blowing Economic Charts – First Time Claims, The Stock Market, and The Fed

Improvement in first time unemployment claims is slowing. Actual, not seasonally manipulated data, including an adjustment for the usual weekly upward revision, shows that the year to year rate of change is on the cusp of a possible upside breakout, which would be good news for stock market bears if it happens. Here’s why it’s…