Existing Home Sales
June Existing Home Sales totaled 4.89mm annualized, 50k more than expected but May was revised down by exactly 50k to 4.72mm so taken...
NDX RSI at highest since Oct ’07
The Relative Strength Index (RSI, defined as a non trending indicator that measures the momentum of a security to determine whether it is...
Emergency Unemployment Compensation
Within the weekly jobless claims data, the Labor Dept also includes a category called Emergency Unemployment Compensation which includes...
Jobless Claims
Initial Jobless Claims totaled 554k, 3k less than expected but the prior week was revised up by 2k. Continuing Claims continued to fall,...
Worldwide Financial System Losses and Capital Raised
Jim Bianco tallies up the damage — Approaching $1.5 Trillion In Losses, and about $1.1 trillion in raised capital: > click for...
QOTD: Economic Experts
> “Economics was the only profession where a person could be considered an expert without having once been right.” -George...
Fed’s Fisher on Treasury purchases
Non voting member Fisher of the Fed is giving his own ‘personal’ opinion on the continuation of the Fed’s purchase plan...
Financial Profits and Rising Debt Era
Last week, we looked at the Total Credit Market Debt to GDP ratio. Here’s another variation of the chart showing, looking at 2...
Not many stocks powering the rally
Although the U.S. equity market has had an impressive run since the July 7th lows, what many investors might find less-than-reassuring...
Redux: Comparing 2009 to 2002
Since I am still up North, let’s go to David Rosenberg for a look at how the current bounceback compares with the 2002 / 2003...