Seasonality Bites Housing
As we warn year after, Housing is extremely seasonal. This part of the calendar is expected to slip straight thru to January —...
Bank of Canda doesn’t go the way of the RBA
In contrast to the Reserve Bank of Australia, the Bank of Canada decided to keep rates at the historical low level of .25% and the...
Economic data
Sept PPI fell a sharp .6% vs expectations of flat and the core also unexpectedly fell .1% vs a forecasted rise of .1%. The headline drop...
Covering the Great Recession
> Fascinating look via a study by Pew Research Center’s Project for Excellence in Journalism, on how well the Media did in covering...
The big multinational companies continue to deliver and other...
Earnings overall continue to be excellent with a higher % of revenue beats than Q2. Apple of course was incredibly impressive. The big...
Here Comes the Windfall Profit Tax !
We previously discussed the reaction to GS bonus — I thought it was much ado about nothing, you thought it was an outrage. Well, it...
Hiring Continues to Lag
By now, everyone knows that employment is a lagging indicator. This cycle, however, the extent and duration looks to be deeper and longer...
Monday Reading
Quick reads: • FDIC Failed to Limit Commercial Real-Estate Loans, Reports Show (Bloomberg) • Einhorn on gold, sovereign default, and...
1987 Crash Revisited
Rob Fraim is a reader who puts out his own amusing comments each week via email. On the 22th anniversary of the 1987 stock market crash,...