by irdadmin | Feb 24, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The 14 percent quarterly decrease was fueled primarily by a 24 percent quarter-over-quarter decline in purchase originations — the biggest quarterly drop in purchase originations in more than five years, since the third quarter of 2010. – RealtyTrac EVERYTHING...
by irdadmin | Feb 23, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The Dow has spiked up nearly 1,000 points in six trading sessions. Similarly, the S&P 500 has shot up 6.4% in the last six trading sessions. Nothwithstanding the continued flow of increasingly bearish economic data, stock market moves like this do not occur in a...
by irdadmin | Feb 22, 2016 | Financial Markets, Housing Market, U.S. Economy
The stock market (S&P 500) jumped 97 points the first three days of last week. That’s an average of 32 points per day for those three days. The economic news continues to show quickly deteriorating U.S./global economic conditions. U.S. Treasury debt is...
by irdadmin | Feb 8, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Well, this time is indeed very different. This is not Jan., 2015. The world is waking up to the fact that a brand new, multi-headed hydra solvency crisis is upon us. – Eric Dubin, The News Doctors (link below) One of the idiots from Wall Street that CNBC likes...
by irdadmin | Feb 3, 2016 | Financial Markets, Housing Market, U.S. Economy
There has been no improvement in underlying consumer liquidity conditions. Correspondingly, with no fundamental growth in liquidity to fuel increasing consumer activity, there is no basis for a current or imminent recovery in the housing market. – John Williams,...
by irdadmin | Feb 3, 2016 | Financial Markets, Housing Market, U.S. Economy
First of all, regard this as a warning to get your cash out of any funds at Legg Mason that are touched by Bill Miller. The last time Miller was this bullish on stocks and AMZN, the S&P 500 collapsed from 1550 to 700 in 17 months. Miller bills himself as a...
