Federal Reserve Responsibilities Outsourced to China
The Fed Chairman was overheard to remark: “If we can’t do it, maybe they can” >The Peoples Bank of China (PBOC) announced to day...
DayTrading Florida Real Estate
This is pretty bizarre, via the Naples Daily News: • A Pittsburgh speculator bought the house at 475 Galleon Drive in...
Real Estate Drives U.S. Economy
The NYT has finally caught up with a story we have been beating for quite some time now: Real Estate is the primary driver of the US...
NYT picks up “Housing not quite a Bubble” article
> Dan Mitchell writes the "What’s Online" column at the NYTimes. On Saturday, he spotlighted my "Housing’s...
The Megabubble Poll
Paul Farrell proposes a "Megabubble Poll" — how many of these do you think are bubbles. All, some...
Top Seven Reasons for Lower Mortgage Rates
John Herrmann is the Economist for Cantor Fitzgerald (and a nice guy to boot). Despite his congenitally bullish outlook, I find many of...
Mortgage Rates versus Fed Fund Rates
The Conundrum continues: I cannot find my notes on where this is from, but it looks like the WSJ: DESPITE THE FEDERAL...
Strange things are afoot with GDP
I do not want to become a "nattering nabob of negativity," but I cannot shake the idea that yesterday’s GDP numbers had a...
Weekend Linkfest
Man, its hot out there! I’ll just cool off in the A/C, and enjoy some weekend linkage: From Bubble to BubbleGreenspan,...
Rent vs CPI
We previously discussed how housing lowers CPI a few weeks ago. The Sunday NYT has an article which traces the history of the shift away...