Posts under ‘Credit Crises’

Once again the trend is your friend, until it isn’t. Too big to fail banksters are even bigger, just their latest example of being the new untouchables.

The March CPI gains .3%, annualized the rate is just 2.4%, once again inflation no threat. Spanish sovereign yields increase but the rest of Europe declines.

Import prices jump in March on higher oil costs. Beige book says steady as she goes last month. Wells Fargo gets nailed for ripping off its mortgage customers.

Stocks fall for a 5th day is the trend breaking down ahead of earnings season that begins after the close today? Pensions become increasingly underfunded.

February ISM Services Index dips to 56. CoreLogic February Home Price Index hits a new post bubble low falling 2%. The CFTC refuses futures on political events.

Stocks finished the 1st quarter with solid gains after reaching 4-year highs. That said the S&P 500 has gone effectively nowhere for 5-years. Yet more fraud.

The Case/Schiller Home Price Index falls .8% in January to a new post bubble low. The MF Global fraud heats up. FHA wobbles towards needing a bailout.

Pending home sales slip again. February Chicago Fed NAI falls .42 to -.08. 3-month moving average gains .08 to +.3 so steady as she goes at least for now.

Residential inventory is more or less normal but sales continue to struggle, February New Home sales fall 1.6%, the median price gains 7.7% to $233,700.

Stocks fall for a 3rd day on global economic slowdown fears. Merrill Lynch calls a bottom in real estate, will see as housing data is mixed at best.