Is the Great Recession Over?
Good Evening: In the wake of yesterday’s beating, U.S. stocks were mostly unmoved today by a series of new stories and economic...
Reading: Barnes & Noble NYC Midtown
> The request was made for a mid-town book reading, and it is now scheduled. This Wednesday June 24, 2009 6:30 PM Barnes & Noble...
Appraisals Anyone ?
The National Association of Realtors’ economist Lawrence Yun is anxious about the new appraisal rules. He talks to various sycophants...
Existing Home Sales
May Existing Home Sales, a measure of closings where the contracts were likely signed a few months prior so thus doesn’t reflect...
An ECB jab at the Fed
The euro has lifted back to near the 1.40 level vs the US$ after ECB member Weber basically said their benchmark rate will not go any...
Proving Willie Sutton Wrong . . .
The new Banksters are proving Willie Sutton wrong. Sutton famously answered the question Why do you rob banks by saying ...
Obama’s Weak Regulatory Reform For Derivatives
The Obama administration continues to demonstrate their lack of understanding about a) how derivatives work, and b) their role in the...
Seasonal Homes Sales Trend
An emailer asks: “Why do you diss the monthly numbers when they are improving?” Well, because they are not really improving,...
King Report: Fleeced Patsies
> For the past few weeks we have provided ample evidence, mostly via private industry data and oration, that ‘green shoots’ are...