Existing Home Sales Are Fantastic!
Existing Home sales were released today, and the data was soft. The WSJ reported "Existing-home sales in the U.S. fell in December,...
Q4 Data Doesn’t Add Up
Bloomberg’s Caroline Baum looks askance at some of the recent economic data, and finds it wanting: "The new year started...
Overvalued, Overbought, Overbullish
John Hussman puts the smackdown on the "Stocks are cheap here" thesis so popular amongst certain types of analysts:...
The Sordid Truth About Inflation
With PPI out today, and CPI out tomorrow, inflation will be on Trader’s minds. Now is as good a time as any to update our thinking...
Earnings Season Begins
Earnings season begings in earnest this week, with several majors reporting. There’s a nice preview at the public site of the WSJ:...
World’s Assets Hit Record Value Of $140 Trillion
This is one of those charts — call it infoporn — that us junkies find so very telling: Notice that Asia, for its its...
More Evidence of the Housing Bottom ?
Earlier this morning, we discussed some of the more hallucinogenic forecasts of the NAR (Home Prices Seen Rising in ’07). As if on...
NAR: Home Prices Seen Rising in ’07
"After bottoming in the fourth quarter of 2006, existing-home sales are forecast to gradually rise through 2007 and into 2008, while...
Yield Curve: Its different this time
I love the serendipity when two separate analyses show up saying the opposite thing. Such was the case this weekend, when I was looking...
Plus 167k!
DOH! I thought I posted this before I headed out earlier today — here is a belated update ~~~Heckuva a number, Ben. As...