Sales of existing homes surprised to the upside yesterday. But one data point does not make a trend. This is the first rise (sequential...
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Back in February, we noted the Ned Davis Study that concluded once the Fed hikes stop, markets fall. Then this week, we looked at...
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Interesting smackdown between Bill Fleckenstein and Ed "Y2K" Yardeni:" "Even if the Fed can’t strip the...
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Todd Buchholz was on CNBC this morning. I have recommended his book "New Ideas from Dead Economists" in the past. He may be a...
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Yesterday’s moonshot was a marvelous thing to behold. The market took off on soft PPI and housing data, lit the second stage...
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The Minutes of the FOMC meeting of March 27-28, 2006 were just released. The money quotes show up towards the end (about 4th to...
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We started beating the M3 drum back in November 2005. It seemed to us — on the basis of the rapid increase in M3 versus M2 alone...
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The WSJ discusses one of the nasty side effects on Mortgages and Real Estate of rising rates and slowing real estate: Delinquencies and...
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Barron’s jumps on the "We Have Inflation" bandwagon this week, with two editorials acknowledging what Big Picture readers...
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> Bloomberg reports that a "Revolutionary" Federal Reserve study is "shaking economists’ forecasts by suggesting...
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