Housing starts mixed but tax credit expiration looms
March Housing Starts totaled 626k, a bit above expectations of 610k and Feb was revised up by 41k to 616k. The gain was solely led by a...
Asia spooked by China steps/US earnings continue to rock
Asian stocks across the board traded lower led by anything property and construction related in response to yesterday’s move by...
“Zero Edge” — Rebutting Faulty Tax Analysis
Last month, Matt Trivisonno shared his Daily Jobs Update research regarding payroll withholding taxes. (Payroll Withholding Taxes Surge...
The Only Tea Party Stat You Need to Know
There is a huge CBS/NYT poll and article (Poll Finds Tea Party Backers Wealthier and More Educated) about the tea party members. I was...
Afternoon Linkage
Some of the more interesting reads today: • Merrill Lynch’s $50 billion feud (Fortune) • This Market Has Its Freq On (WSJ) •...
Yahoo Tech Ticker: America’s Back!?!
Henry Blodget interviews Dan Gross on the Newsweek cover: America’s Back! Let’s Just Hope Newsweek Doesn’t Jinx the...
Builder sentiment up but what happens after Apr. 30th?
With just weeks away from the expiration of the home buying tax credit, the April NAHB homebuilder sentiment index was 3 pts better than...
Newsweek Cover: Contrary vs. Contrary Indicator ?
I was at a book party last week, and I overhear a conversation where someone (literally) is introduced as “the guy who put Jeff...
New Yorker columnist Ken Auletta discusses ‘Googled: The...
Ken Auletta, a columnist for the New Yorker, discusses his book, ‘Googled: The End of the World As We Know It.’ Airtime:...