by irdadmin | Aug 22, 2018 | Financial Markets, Housing Market, Market Manipulation
“Financial-market and economic prospects remain far shy of the hype and headlines, amidst tanking consumer optimism and negative revisions to recent reporting.” – John Williams, Shadowstats.com The economy may seem like it’s doing well if you...
by irdadmin | Feb 22, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Toll Brothers reported its Fiscal Q1 earnings this morning. Year over for the quarter: Revenues declined nearly 1%, operating income plunged 46.8%, net income dropped 4.1%. Net income was boosted by the reliable accounting management technique of reducing the...
by irdadmin | Feb 1, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Driving by the west-side border of downtown Denver (on I-25), I can count 9 cranes in air plus one semi-finished high-rise building. What’s amusing about this is that there’s already an oversupply of rental apartments and condos as the 1-2 month free +...
by irdadmin | Dec 14, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The yield on the 10-yr Treasury has blown out 109 basis points since July 3rd – 70 basis points since October 30th. 30yr fixed rate mortgage rates for 20% down payment buyers with a credit score of at least 720 are up 90 basis points since October 1st....
by irdadmin | Aug 23, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Absurd surges in new home sales activity were not significant…Headline reporting of this series is of no substance, as seen frequently with massive, unstable and continuously shifting revisions of recent history… – John Williams, Shadowstats.com on...