Buy Facebook stock? Yes, you shouldMail TribuneBy Chris O'Brien More than 72 hours after the epic Facebook IPO, there has been a string of postmortems trying to understand what went "wrong." I put that last word in quotation marks because…
China’s credit bubble has finally popped. The property market is swinging wildly from boom to bust, the cautionary exhibit of a BRIC’s dream that is at last coming down to earth with a thud.
http://www.telegraph…ver-begins.html
http://www.businessweek.com/magazine/epic-home-deals-await-the-creditworthy-
10132011.html
Housing a no-lose epic bargain at this time?
Let’s see. Income down. Future prospects? – Not bad unless you’re concerned about the fact that the entire archi…
Update: Holy cow.
Total collapse!
The Philly Fed index just came in at -30.7, an epic drop form the +3.2 we saw last month.
Estimates were actually for it to go somewhat higher to +2.
The situation confirms the bad news we got earlier this week…
The fascinating thing about “epic failures” is that they are really “never” a surprise.
The spring bounce never arrived to the national housing market and certainly did not pay a visit to Southern California. Home values across the nation are experiencing a strong double-dip courtesy of a continually weak economy.
As the layers of …