Floyd Norris Saturday NYT column is out now: After Mild Gains, Another Reversal for Real Estate;
I am sucker for the charts:
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Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Money is power, & you ought to be reasonably ambitious to have it." —Russell H. Conwell, Temple Univ, 1877
"It's the end of the world as we know it and I feel fine" say the French as consumer confidence in May rose to the highest since Nov '10 as they welcome and get excited about new Pres Hollande. Also, the French 10 yr bond yield touched the lowest on record this morning. June consumer confidence in Germany held at 5.7, just .2 pts off the highest since Mar '11. To the euro bond debate which is now taking on greater rhetoric with those with high bond yields wanting them and those with low ones saying no way, ECB member...
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April 29th, 2011 at 6:33 pm
It looks like commercial property is another of those items that the Fed will continue to prop up. Yeah, they dropped a lot before BB could get extend and pretend into action, but even though there are more and more empty storefronts, there hasn’t been a big change since late 09.
April 30th, 2011 at 5:09 am
Does this mean REIT’s are a SELL?