Feb New Home Sales reach record low
Feb New Home Sales, a measure of contract signings, totaled 308k, 7k less than expected and down from an upwardly revised (by 6k) 315k...
The Grant’s Conference
I spoke with several people who attended the Grant’s Interest Rate Observer Conference (“Grant’s”) — a regular...
US Treasury yields heading higher
One of the interesting disconnects during the non stop US stock market rally over the past month was the action in US Treasuries as 10 yr...
Treasury yields heading higher
One of the interesting disconnects during the non stop US stock market rally over the past month was the action in US Treasuries as 10 yr...
Whac a mole
European stocks sold off at 6am after Fitch downgraded Portugal’s credit rating to AA- from AA with a negative outlook. They said...
Poll: Wall Street “Despised”
Go figure: Most people interviewed in the Bloomberg National Poll say they don’t like Wall Street, banks or insurance companies and...
Question for Economic/Finance Students
At the recent Make Markets Be Markets conference, I got to ask a questions of the esteemed panel — Joseph Sitglitz, George Soros,...
Tuesday Reads
Been out of pocket all afternoon — gotta catch up! Here are few items that I will be reading on the train home: Oh, and I am doing...
Market Cap of NYSE + Nasdaq as a % GDP
I just love this chart — it essentially argues the case that US markets have been over valued since around 1990: > courtesy of...
ABC Radio on Financial Reform
> I will be chatting with Dylan Ratigan on Financial Reform from 11 to 11:30 am this morning over at WABC 77 AM radio.