Comments on: Existing Home Sales http://www.ritholtz.com/blog/2009/06/existing-home-sales-2/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 14:38:36 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: alfred e http://www.ritholtz.com/blog/2009/06/existing-home-sales-2/comment-page-1/#comment-186113 alfred e Wed, 24 Jun 2009 02:14:35 +0000 http://www.ritholtz.com/blog/2009/06/existing-home-sales-2/#comment-186113 BTW. You can read all you want about this and that. There are more foreclosures being held off the market here right now than 1 year ago. Enjoy the real estate bottom. NOT. BTW. You can read all you want about this and that.

There are more foreclosures being held off the market here right now than 1 year ago. Enjoy the real estate bottom. NOT.

]]> By: alfred e http://www.ritholtz.com/blog/2009/06/existing-home-sales-2/comment-page-1/#comment-185918 alfred e Tue, 23 Jun 2009 18:02:56 +0000 http://www.ritholtz.com/blog/2009/06/existing-home-sales-2/#comment-185918 Quit eating comments. Quit eating comments.

]]> By: alfred e http://www.ritholtz.com/blog/2009/06/existing-home-sales-2/comment-page-1/#comment-185917 alfred e Tue, 23 Jun 2009 18:01:57 +0000 http://www.ritholtz.com/blog/2009/06/existing-home-sales-2/#comment-185917 IMHO. There's so much crap folded into these numbers. There's no real news. No one gave a confidence interval, or fit a curve with statistical significance. So I'd say it just more of the MSM same. Spinning green puke into green shoots. Lots of luck predicting the future. IMHO, the next major shifts will be massive GM and Chrysler layoffs/furloughs if allowed by the feds. Boeing canning people like mad. Or states and munis continuing their carnage. That's perhaps the one place the stimulus plan has saved Democratic jobs. Yeah, the feds don't want to run the companies, but they want socialist/communist employment levels. Boeing' s little incompetence fiasco should whack the GDP pretty nicely too given the Paris Air Show results and the 787 delays. IMHO. There’s so much crap folded into these numbers. There’s no real news. No one gave a confidence interval, or fit a curve with statistical significance. So I’d say it just more of the MSM same. Spinning green puke into green shoots.

Lots of luck predicting the future.

IMHO, the next major shifts will be massive GM and Chrysler layoffs/furloughs if allowed by the feds. Boeing canning people like mad. Or states and munis continuing their carnage. That’s perhaps the one place the stimulus plan has saved Democratic jobs. Yeah, the feds don’t want to run the companies, but they want socialist/communist employment levels. Boeing’ s little incompetence fiasco should whack the GDP pretty nicely too given the Paris Air Show results and the 787 delays.

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