Re-pricing 2014

Age of Wisdom, Age of Foolishness (7) Written by Adam Whitehead, KeySignals.com Continuing the theme in Age of Wisdom, Age of Foolishness, of playing with dates, the year 2014 comes into focus. As 2013 closes out, forecasters have begun to make projections about the economic environment next year. The Bank for International Settlements (BIS) is …

May’s Consumer Credit, LPS Mortgage Monitor and JOLTS

by rjs, MarketWatch 666 This article is cross-posted with MarketWatch 666 and Naked Capitalism. It was a relatively slow week just past for economic releases, with only reports on wholesale inventories and prices and an almost unchanged report on May job openings reported, in addition to the regular weekly releases, which can be quite noisy. …

Is Household Deleveraging Almost Over?

Written by Steven Hansen I was intrigued by a graphic in a post on The Big Picture blog, and the question which accompanied this graphic: Is the era of consumer deleveraging, which began just prior to the start of the recession, at an end?

Fed Mortgage Subsidy Drives Buying Panic In Existing Homes To Bubble Levels

by Lee Adler, Wall Street Examiner The NAR Pending Home Sales data for March is a measure of current sales as of the date of the contract. It’s the closest thing we have to a real time measure of sales activity in the existing home market. The NAR’s “Existing Home Sales” represents the closing, that …

Long Island: Housing Disaster Awaits

by Guest Author Keith Jurow, Minyanville Editor’s Note: The following is an excerpt from Keith Jurow’s just-released Long Island Housing Market Report. For the complete, in-depth analysis and report, download it here. The two counties of Nassau and Suffolk on Long Island comprise the largest suburban housing markets around New York City. Like the housing …