Treasury yields head lower as US govt CDS creeps higher
While the US Treasury market is having another impressive day that is sending yields down to 3.32%, the lowest since Oct 8th on a closing...
Nov NAHB survey but includes tax credit uncertainty
The Nat’l Assoc of Home Builders sentiment index for Nov was 17, 2 pts below expectations and flat with the Oct reading which was...
Who Pays the Taxes in the USA ?
Nice infoporn via Mint, showing the breakdown by income level. To put this into context, as of 2007, the median annual household income...
Is Gold Really in a Bubble?
David Rosenberg asks the question: Is Gold a bubble? > Gold Prices Relative to the S&P 500 (ratio) click for bigger chart > I...
The Financial Commentator: Special Update
~~~ November 13, 2009 Special Update Stocks In a Special Update after the close on October 14, I made the following assessment. “The...
Relying on the kindness of strangers
NYPost CARTOON I send this to NOT make any political statement whatsoever because George Bush’s face can be superimposed on...
Economic data
Oct PPI rose .3%, .2% less than expected and unexpectedly fell by .6% ex food and fuel vs forecasts of a gain of .1%. A sharp drop in car...
Roger Lowenstein on Financial Reform
Roger Lowenstein, author of When Genius Failed and Origins of the Crash, is working on a new book on the bailouts and meltdown. In his...
Zisler: What Causes Bubbles and Crashes, and What Can We Do to...
From Zisler Associates (mentioned recently here), included in a recent report on the state’s finances issued by the California...