Thursday, July 24, 2008

Mid-Cycle Meltdown?: Jobless Claims July 24 2008

›
Today, the Department of Labor released their latest read of Joblessness showing seasonally adjusted “initial” unemployment claims surged ...
Wednesday, July 23, 2008

Reading Rates: MBA Application Survey – July 23 2008

›
The Mortgage Bankers Association (MBA) publishes the results of a weekly applications survey that covers roughly 50 percent of all resident...
Tuesday, July 22, 2008

The Almost Daily 2¢ - Just Can’t Stop Bailin’

›
I suppose one of the downsides of bailouts is that once you start, you just don’t know when to stop. First, its liquidity injections… then, ...
Monday, July 21, 2008

The Almost Daily 2¢ - OK This One Is So Cool!

›
Wow! What a miss! CNCB just reported that in Q2 2008 Amex ( NYSE:AXP ) posted a decline of 37% on a year-over-year basis. Is anyone really...

Follow The Leader: Index of Leading Economic Indicators June 2008

›
Today’s results of the Conference Board’s Leading Economic Indicators continue to indicate troubled times ahead decreasing 0.1% from May an...
Friday, July 18, 2008

The Almost Daily 2¢ - Twin Peaks?

›
Subtitle: Bounce or Bust? The S&P 500 bounced sharply off of the 1215 level on the euphoric but shortsighted notion that Fannie and Fred...
Thursday, July 17, 2008

The Almost Daily 2¢ - Representative Frank Losing Control

›
The following clip clearly demonstrates how dysfunctional and truly counterproductive a career politician can become after some 27 long year...

Philadelphia Feeling: Federal Reserve Bank of Philadelphia Business Outlook Survey July 2008

›
Today, the Federal Reserve Bank of Philadelphia released the results of their Business Outlook Survey for July showing continued weakness ...

Mid-Cycle Meltdown?: Jobless Claims July 17 2008

›
Today, the Department of Labor released their latest read of Joblessness showing seasonally adjusted “initial” unemployment claims increas...

New Residential Construction Report: June 2008

›
Today’s New Residential Construction Report continues to firmly demonstrate the intensity and completeness of the washout conditions that n...

Homebuilder Blues: NAHB/Wells Fargo Home Builder Ratings July 2008

›
Yesterday, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing continued evidence th...

Production Pullback: Industrial Production June 2008

›
Yesterday, the Federal Reserve released their monthly read of industrial production showing continued declines across many industries, par...
Wednesday, July 16, 2008

The Almost Daily 2¢ - Feldstein’s Grim Outlook

›
Today I will respectfully stand aside and keep my 2¢ to myself… why you say? Because I could NOT HAVE POSSIBLY painted a more grim (but accu...

Reading Rates: MBA Application Survey – July 16 2008

›
The Mortgage Bankers Association (MBA) publishes the results of a weekly applications survey that covers roughly 50 percent of all residen...