Open Thread: Dow, S&P500 Positive for 2010
The Dow bounced into positive territory for the year today. SPX did the same earlier this week. Will the 2Q be any better than Q1? What...
Revisiting “The Obama Economy”
The rhetoric you use to make your point says a lot about a) the strength of your argument; 2) you personally. There is no better example...
Shiller: Housing Is “In a Precarious State”
Source: Housing Is “In a Precarious State,” Yale’s Robert Shiller Says Aaron Task Yahoo Tech Ticker Mar 04, 2010...
Good Grief!
Unless you’re an idiot — like me — if you own a home, you probably should have grieved your property taxes over the...
Greek debt deal done
The Greek 10 yr bond issuance is complete, priced to yield 6.385% which is about 300 bps above the 10 yr euro interest rate swap, as...
Change in Recent Unemployment Claims Not Unusual
We’ve recently seen some noise about the “mixed” economic data. Looking at initial unemployment claims, this is not an...
Pending Home Sales get snowed in
Jan Pending Home Sales, a measure of contract signings of existing homes, fell an unexpected 7.6% m/o/m vs the forecasted gain of 1%. The...
CNBC Shoutfest
Its as if Charlie Gasparino never left: Be sure to see the discussion — more of a yelling match — of Predatory Lending on...
All the news
Peanuts! Beer here! Greek debt here! On the heels of yesterday’s Greek deficit plan and with Germany implicitly joining the list of...
QOTD: HealthCare Debate
I totally empathize with this comment from MacroMan: “Speaking of painful ordeals, health care is now a banned topic, except as it...