Tag Archive for Hysteria

Mainstream Media Gets It Wrong- In Coincidental Truth Telling, NAR PR Shows House Market Strengthening

NAR data for May confirms earlier data from CoreLogic, Dataquick, and Department of Numbers.com that housing prices continued to make new 12 month highs in May and that, contrary to the mainstream media portrayal, the housing rebound is not “uneven” or slowing in any way. Follow the money. Find the profits!Liquidity is money. Regardless of…

Initial Unemployment Claims Belie Last Week’s Hysteria on Jobs

This report is an excerpt of the currently updated permanent Employment Charts page which includes the monthly jobs and average earnings data, as well as the Labor Departments Job Openings and Labor Turnover Survey (JOLTS) and real time data on Federal Withholding taxes. The charts on that page are updated as soon as new data…

Hype and Hysteria- Professional Edition Fed Report

The Fed bought another load of Treasuries today, as previously scheduled, and consistent with their behavior in past weeks. Did they help the PDs absorb this week’s mountain of supply? Of course. That’s what the Fed does. It’s part of their mandate. They’ve been doing it since time immemorial, way, way before quantitative easing ever…