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 [...]
Nov 4th, 2011
by Caleb Lawrence.
October payrolls of +80,000 marks another weak month. The official unemployment rate slips to 9%. More evidence of our failed economic policies and leadership.
Nov 1st, 2011
by Caleb Lawrence.
The Greeks spook the markets again, Manufacturing and construction increase, deflation makes an appearance. MF Global loses 700 odd million in client funds.