Songs From ‘The Promise’ (Live)
Songs From ‘The Promise’ (Live) Bruce Springsteen & The E Street Band Mad props to David Wilson
Mutual Fund Flows
Bianco on Mutual Fund Flows: • The Wall Street Journal – Investors Pull Cash Out of Bond Funds Mutual-fund investors continued to...
Owner’s Equity in Real Estate Down 55.7%
These two charts paint a devastating picture of the US housing market. Its not just that the market value of US residential real estate...
Repeat A Lie Enough Times . . .
All last year, I kept getting emails from people asking me: “Why do you keep hammering on these issues? Why do you beat up on...
Economic data
Before I quickly comment on Housing Starts, Bankrate.com last night said the average 30 yr mortgage rate jumped 19 bps to 5.19%, the...
Spanish funding costs continue higher
The cost of funding for Spain continues to rise as they sold 10 yr and 15 yr paper. The 10 yr was priced to yield 5.45%, 83 bps above the...
10 Questions for GOP Members of Financial Crisis Inquiry
I never wanted to write Bailout Nation. That only came about after Bear Stearns collapsed. McGraw Hill approached Bill Fleckenstein to do...
REPUBLICAN COMMISSIONERS ON THE FINANCIAL CRISIS INQUIRY...
Today’s exercise is cognitive dissonance and ideological foolishness: Financial Crisis Primer
Seinfeld – The Complete Series = $85 (1 day only)
> Seinfeld – The Complete Series: This is simply one of the funniest television series in TV’s history. Its $250.95, but...
Income & Elections
I had the pleasure of collaborating with Catherine Rampell of the NY Times on a piece that she recently posted here. We looked at...