The mainstream media wasted hours reporting on and analyzing the Case Shiller Housing Index today. Did even one pundit mention what’s wrong with the Case Shiller data? If Dow Jones used the methodology to report the Dow Industrials that Standard and Poors uses to construct the Case Shiller Index (CSI) the Dow would be reported…
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Case Chiller – False, Phony, and Fictitious
by Lee Adler • • 2 Comments
I made a little chart yesterday for a free podcast that I didn’t have time to post over on Radio Free Wall Street. I’m discovering that it’s a lot quicker to type a post than it is to talk about an issue for a few minutes and then produce a decent sounding podcast. But that’s…
Liquidity Trader, Professional Edition
Who Are The Others? What Are They Doing? – Professional Edition
by Lee Adler • • 0 Comments
The Case Shiller House Price Indexes (CSI) for July showed another uptick, which got all the economists crowing again that the bottom is in on house prices. They’re wrong. What else is new? The CSI is misleading them. Today’s report will show you why. I’m so glad I’m not an economist. What an embarrassment that…
