After reading this, you might want to grab a blanket and head for your ‘happy place’…..
The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a…
After reading this, you might want to grab a blanket and head for your ‘happy place’…..
The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a…
So much for “Buy a House…Then Buy Another”…..
The single biggest problem in the U.S. real estate market is simple: There are very few homebuyers.
That seems obvious, but the “buyers’ strike” has caused house prices to drop, along with an …
Fed’s Plosser: Monetary policy has its limits
Monday January 17, 2011, 7:39 am EST
WASHINGTON (Reuters) – Monetary policy cannot speed up labor market healing or prevent asset price bubbles, and counting on it to do so may do more harm than good, a t…
Lots of interesting data in this Business Insider piece…
Sentiment figures from the American Association of Individual Investors, The National Association of Active Investment Managers and the Investment Company Institute’s mutual fund cash l…
Home price drops exceed Great Depression
NEW YORK | Tue Jan 11, 2011 8:40am EST
NEW YORK (Reuters) – Home prices fell for the 53rd consecutive month in November, taking the decline past that of the Great Depression …
The highest court in Massachusetts ruled against U.S. Bancorp and Wells Fargo & Co. Friday in a pivotal mortgage foreclosure case that could spark more turmoil and uncertainty in a housing market already mired in depression.
The Supreme Judicial …
The latest from the Comstock boys…
Despite a $4 trillion increase in government liabilities in 27 months and the unprecedented amount of quantitative easing we still have a tepid recovery, a 9.8% unemployment rate, a faltering housing market and,…
The average borrower in the foreclosure process hadn’t made a payment in 492 days as of the end of October, according to LPS. That compares to 382 days a year ago and a low of 244 days in August 2007.
Banks can’t foreclose fast enough to keep u…
Can statistical manipulation be proven with – statistics?
Simons gives it a try, judge for yourself.
The Cost of Shelter Meets the Consumer Price Index
The explanation continues, “Clearly, the rental value owned homes is not an easily determined do…
This is nothing short of a depression scenarion, plain and simple
Meredith Whitney: “We believe the municipals will default”
http://video.ft.com/v/677794093001/Crisis-looming-in-US-municipal-debt-market-
Meredith Whitney Advisory Group is no…