HALLOWEEN AIEEEEEEEEEEEE
Loan Performance by State
In light of the recent fall in Home prices, as reported by the Case Shiller Index, why don’t we see what areas have...
1980s Parallels?
Merrill Lynch’s two top strategists, David Rosenberg Richard Bernstein, both concur that the current backdrop is "highly...
Can Housing Be “Rescued?”
First, a quick data check of Existing Home Sales: • Unit sales dropped 8% in September; this is the lowest level in eight years; •...
Markets Rally on Fed Rumors
My friend Peter Bookvaar of Miller Tabak comments on the recent pop in stocks off of today’s low: "Stocks have bounced on a...
Where was the Bubble: Houses, Rates or Credit?
One of the things I have consistently pointed out was that the so-called Housing Bubble was in reality two bubbles: Credit and Interest...
Mortgage Resets? Try Chapter 13 Bankruptcy!
Fascinating front page WSJ article today, titled More Debtors Use Bankruptcy To Keep Homes. It seems that Chapter 13 filings are gaining...
Margin Debt Grows; Risk Grows Too
Over the years, we have repeatedly commented on Margin Debt. Its has been our well considered position that that Margin Debt is a...
Open Thread: Resilient Markets, Accomodative Fed?
As bad as the markets looked today — and at times, there was some heavy selling — the word that kept coming back to me was...