Wednesday 4th December
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Exit, Stage Right ““ Fed to Stop Bond Buying, Uncharted Waters Ahead
Written on 3 Nov, 2014 at 10:16
The Fed has unquestionably made it clear that quantitative easing is coming in for a landing, so get ready everyone. Buckle your seat belts because we're going to experience some turmoil ahead.... (Continue reading)
Are they lying or are they stupid?
Written on 14 Jan, 2012 at 15:51
Look... are you feeling me here? Do you see what I'm saying? What's the deal? Are they lying or are they stupid, because there's no way in the world we should be talking about whether the FOMC... (Continue reading)
Worst June EVER for New Home Sales
Written on 27 Jul, 2010 at 7:12
Adjusted down to a rate of 267,000 annual sales was the worst month on record. That "rate," and I do love the way they report monthly numbers as an "annual sales RATE," means that 22,250 new homes were... (Continue reading)
Greenspan Says Housing is Nowhere Near Bottom
Written on 26 Jul, 2010 at 22:13
It's amazing how different it is when you're the Chairman of the Federal Reserve, as opposed to being the retired Chairman of the Federal Reserve. ... (Continue reading)