The Treasury had a heavy calendar last week. The market will face a big Treasury settlement this Thursday as a result. The need to pay for that supply will play a role in the market probably on Tuesday, Wednesday, and possibly Thursday, or with a delayed reaction on Friday. However, balancing that is the ongoing…
Tag Archive for Banks In The Us
Charts, Economics, Must Read
Money Market and Mutual Fund Flows Charts Updated
by Lee Adler • • 0 Comments
Equity Mutual Fund Flows The permanent page for these charts is Mutual Fund and Money Market Fund Flows Charts. The charts will be updated there regularly. April projected based on weekly figures. While not a primary liquidity driver, this chart is useful as a peripheral market indicator. It has begun to turn intermediate term bearish in…
Must Read
Why U.S. house prices won’t recover – MarketWatch
by Newswires • • 0 Comments
The fact that this writer is still relying on the Case Chiller shows that he’s a bit clueless, but I found it interesting that prices were back to 1955, 1986 and 1895 levels in real terms. That seems like an argument to be bullish on house prices, not bearish. By Jack Hough When will U.S.…
Housing, Must Read
WSJ Reports on Bidding Wars in the Housing Market- Video
by Lee Adler • • 0 Comments
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…
Bears Chat, Best of the Forums, Must Read
My Quick Take On the Housing Data
by Bears Chat at The Wall Street Examiner • • 0 Comments
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…
Lee's Free Thinking, Must Read
New House Sales Show Continued Improvement
by Lee Adler • • 1 Comment
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.
Lee's Free Thinking, Liquidity Trader, Professional Edition
Has As Good As It Gets Already Run Its Course?
by Lee Adler • • 0 Comments
Apparently the cash generated by the ECB’s second big LTRO operation has yet to be deployed in the markets, which leads us to the possibility that the boat was already overloaded on the buy side (See Treasury report). But that cash is out there, and once the profit taking dries up, the composite liquidity indicator…
Email Bulletins Archive, Housing, Lee's Free Thinking, Liquidity Trader, Must Read, Professional Edition
If The Guilty (Mortgage Mafia) Are Never Punished, Housing Will Never Recover
by Lee Adler • • 2 Comments
The following is the executive summary of the Wall Street Examiner Professional Edition Housing Update. The complete report with illustrative charts and analysis is available to subscribers here. Housing data continues to be mixed. Lagging closed sales data shows prices still declining. However, the most current sales data represents January closings, which were mostly sales…
Liquidity Trader, Professional Edition
Monetary and Liquidity Flows Level Out Enough To Allow Minor Corrections
by Lee Adler • • 0 Comments
Liquidity indicators were mostly weaker last week. I have downgraded the intermediate trend on 2 of them from Bullish to Neutral. The majority are now rated neutral. This might mean that conditions are more conducive to a correction in both stocks and bonds, but I see no reason yet to expect an extended decline.
Latest Business Headlines, Lee's Free Thinking
Treasury Running Out of Cash, Announces 64-Day CMB In Addition To Usual Weekly Bill Offerings
by Lee Adler • • 1 Comment
Apparently seeing revenues falling well short of forecasts, the US Treasury today announced a surprise $20 billion Cash Management Bill (CMB). This bill was not included in the TBAC (Treasury Borrowing Advisory Committee) forecast schedule posted just last week. The simultaneously announced regular 6 month bill was $1 billion above the TBAC forecast. Here are…
