The Trouble With Economists
The WSJ Op-Ed pages remains a fertile ground for debate. Up today is Brian Wesbury — a very nice gentleman I’ve met on...
Understanding Credit’s Alphabet Soup
There were a couple of great graphics in the New York Times recently, explaining in some degree of detail, the machinations of the RMBS,...
A Closer Look at July NFP (or, true UR = 5.4%)
>"Officer Barbrady, I call shenanigans!" >Friday’s Non-farm payroll passed with very little commentary, as many...
What Are Fed Fund Futures Actually Forecasting?
Fascinating discussion on the meaning of the Fed Fund Futures. While many economists have taken to stating this means a likely rate cut...
Case Shiller Housing Composite: Worst since 1991
Pretty amazing: This data release (May 2007) marks the 18th consecutive decline in growth, dating back to December 2005. As the chart...
Durable Goods & GDP
The headline number miss of yesterday’s Durable Goods number got some people worried about GDP today. Following May’s 2.3%...
“Unexpected Weakness in Home Sales”
"David F. Seiders, chief economist of the National Association of Home Builders, said the unexpected weakness in recent months had...
NYSE Short Interest Hits New High
I am up in Maine this weekend at Leen’s Lodge, courtesy of David Kotok’s annual economic summit/fly fishing event....
The City That Never Sleeps
Now you know why its called the City that never sleeps: Everyone is up late talking too fast, grinding their teeth. Source:World...