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Posts under ‘Daily Market Comment’

KPIG Radio – The Profit Motive October 30

Advance 3rd quarter GDP +3.5%, price index +1.3%. unemployment claims 4-week moving average hits a 14-year low.

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KPIG Radio – The Profit Motive October 29

Fed leaves rates unchanged, ends asset buying, promises low rates. Detroit’s pension consultant gets sued for incompetence and negligence.

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KPIG Radio – The Profit Motive October 28

Home price gains continue to slow, Residential vacancy mixed. Durable Goods Orders fall for a 2nd month. Richmond Fed jumps.

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KPIG Radio – The Profit Motive October 27

QE ends. Dallas Fed and Pending Home Sales no real change. 25 Euro banks fail the latest stress test. Chinese consumer spending struggles.

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KPIG Radio – The Profit Motive October 24

Major averages jump this week. Existing Homes sales miss, revised down. Financial engineering chokes IBM. China’s real estate bust worse.

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KPIG Radio – The Profit Motive October 22

CPI remains muted. Mortgage activity increases as rates fall. Ocwen gets caught backdating letters and abusing its mortgage clients.

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KPIG Radio – The Profit Motive October 21

Existing home sales jump. Mortgage credit standrds to be lowered? Bankster FOREX rigging fines 41 billion? I’ll believe it when I see it.

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KPIG Radio – The Profit Motive October 20

IBM misses big. CoreLogic notes that mortgage credit is very tight. What about debt and income? The Fed borrows way more than the deficit.

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KPIG Radio – The Profit Motive October 17

Markets made strong gains on Friday but negative since Monday. Housing permits and starts came in mixed. California unemployment rate 7.2%.

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KPIG Radio – The Profit Motive October 16

Foreclosure activity gains, 1st time in 3-years. Philly Fed and NAHB fall. Industrial production jumps. Unemployment hits a 14-year low.

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