Feb 3rd, 2012
by Caleb Lawrence.
January ISM Services index jumps 3.8 to 56.8. 243,000 new jobs in January, beating expectations as the unemployment rate falls to a nearly 3-year low of 8.3%.
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Feb 1st, 2012
by Caleb Lawrence.
Stocks start the year in fine form as January comes in strong. Construction spending gains 1.5% in January. Subpoenas against 11 mystery companies for fraud?
Jan 17th, 2012
by Caleb Lawrence.
FOMC minutes from 2006 shows that the Alan Greenspan chaired Fed was clueless, as their statements at the time implied. 2011 proves a tough year for investors.
Jan 9th, 2012
by Caleb Lawrence.
Earnings season kicks off today. Real estate prices fall again as per CoreLogic. Q 4 Mall vacancy falls to 9.2%, construction hits a 31 year low, as per Reis.
Jan 3rd, 2012
by Caleb Lawrence.
Stocks and commodities jump to begin the year despite more saber rattling. ISM Manufacturing and Construction spending are better than expectations. Wither 2012
Dec 30th, 2011
by Caleb Lawrence.
Stocks close out the year essentially even. Will the world end in 2012 or just the world as we know it? Time for a new direction in 2012!
Dec 21st, 2011
by Caleb Lawrence.
Home salesgain 4% in November but prices fall again. The NAR releases its revised data, sales and inventory drop 14.3% from 2007 through 2010, they spin it.
Nov 29th, 2011
by Caleb Lawrence.
Commodities brokers client funds not safe? CitiGroup faces trial, will the banksters finally get prosecuted? $700,000+ is not affordable housing, FHA thinks so.
Nov 28th, 2011
by Caleb Lawrence.
Black Friday sales are a big hit, or are they? Mixed October new homes sales. Judge Jed Rakoff slaps Citigroup and the SEC and sets a trial date next summer.
Nov 14th, 2011
by Caleb Lawrence.
Stocks kicked off the week in the red on continued Euro zone jitters though interest rate spreads did decrease somewhat over the weekend. That said a recent Fed paper put the risks of a new recession at 50% next year so there was plenty of news to spook the markets. Earnings season is just about [...]