Initial Jobless Claims Drop at 8.5% Annual Rate

The headline number for seasonally finagled initial unemployment claims for the week ended February 1 were about where Wall Street economists expected. The actual numbers were also in line with the average performance for the last week of January.

Hedgehogs and Foxes

Age of Wisdom, Age of Foolishness (14) Written by Adam Whitehead, KeySignals.com The fox knows many things, but the hedgehog knows one big thing. (Archilocus: Greek mercenary and poet) Going into Davos, Policy Maker Speak and market price action conspired to create the global perspective that the global economic recovery was losing momentum. Observers had …

Manhattan Real Estate 10-Year Sales Statistics

by Michael Haltman, Hallmark Abstract Service LLC Anyone living in or near New York City is likely aware of the sharp rise in the selling price for residential real estate over the past 10-years! Having our business centered here we have watched with nothing short of amazement as any negative impact on property prices stemming …