Soft Landing Continues to Fade
>The market can stay irrational longer than you can stay solvent.–John Maynard Keynes (1883 – 1946) > Yesterday, I...
Real Estate Sales Slump Generating Ugly Press
Yesterday’s Housing data is producing some pretty ugly headlines today; If the market chose to ignore the data, let me remind you...
Internal Strength of Market
The rally since the summer lows has been driven by several factors: 1) Fast money rotation away from energy and materials, and into...
Breadth and Volume, improving but . . .
We saw a nice increase in both breadth and volume yesterday. NYSE volume was 1.6B, and the only hair on the day was Nasdaq volume. Oracle...
What is Wealth, part II
Yesterday’s NYT had an article about wealth that fell into several of the usual traps of this discussion. To his credit, David...
The Illusory World of Economic Forecasting
Paul Farrell (who’s been on an angry tear lately) states what we have all known for quite sometime: Economists make awful...
What’s Really Propping Up The Economy?
BusinessWeek asks the million dollar question: "What’s Really Propping Up The Economy?" Their answer —...
Housing by the Numbers
A brutal piece in Comstock Funds is highlighted in Marketbeat today. The Comstock boys ask "Is the Housing Hard Landing Already...
CPI & the Soft Landing
Jim Cramer states: "The consumer price index comes in just right for a soft landing. Now where are all of those hard-landing folks...
A Closer Look at Housing “Deceleration”
One of the issues I am constantly pushing back against are the spinmeisters who purposely falsify data, news or commentary to meet their...