Pending Home Sales
March Pending Home Sales, a measure of contract signings of existing home sales, rose 3.2% m/o/m vs expectations of flat. The gains were...
PHSI Gains 1.1%
Here is a bit of genuinely good news: The NAR’s Pending Home Sale Index rose 1.1% from March 2008. The less significant monthly...
morning note/Choo Choo
China today is again proving that it’s the most important country in the world right now in terms of being the engine of global...
How Will Chrysler Bankruptcy Affect Insolvent Banks?
The Chrysler bankruptcy is a fascinating development in the great financial crisis of 2008-09. It may be a enormously significant...
Bloomberg Surveillance: 9-10AM
> This morning, I will be chit chatting from 9:10 am to 10:00 am on the Bloomberg radio program “Bloomberg Surveillance,” with...
Sunday Night Open Thread
OK folks, a busy week ahead — Whats on your minds? What are you paying attention to?
Swine Flu Strategy Update
David R. Kotok co-founded Cumberland Advisors in 1973 and has been its Chief Investment Officer since inception. He holds a B.S. in...
On Lehman’s Real Estate and Obamanomics
There are two excellent, long pieces in the Sunday Times: • How Lehman Brothers Got Its Real Estate Fix: Many factors, of course,...
GTO: When Pontiac Meant Muscle
After 45 years, the Pontiac GTO still stands as a symbol of the days when Detroit made and marketed vehicles that fired imaginations as...
HomeOwner’s Equity: Less than 15%
Interesting discussion on negative equity in this week’s Barron’s. Citing Stephanie Pomboy’s recent missive, Alan...