My afternoon train reads: • Mortgage Industry’s Need for Speed Played Big Role in Crisis (American Banker) • Howard Davies:...
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When… 1) rates drop by 30% YoY allowing the 70% of buyers who use a mortgage to ‘pay’ 15% more for a house on the same monthly...
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I am outta here until after Labor Day
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Check out the nice price rise in Q1 2012 versus Q1 2011 for Case Shiller. As I have been saying for some time, this is an apple to orange...
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My morning reads: • Are Retail Investors ‘Fleeing’ Stocks? (WSJ) • Wall Street’s Leadership Vacuum (Businessweek) • Steve...
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Barry Ritholtz, chief executive officer of FusionIQ and author of the “Big Picture” blog, talks about the outlook for stocks....
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Australian new home sales declined by -5.6% in July M/M, to the 2nd lowest on record. The economy is highly dependent on the mining...
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The Financial Times – Ayrault warns EU fiscal pact rebels The French prime minister has warned dissident left-wing members of the...
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‘Nightfall’ is a three minute tour of light through the City of Angels. I shot “Nightfall” in an attempt to...
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