by irdadmin | Apr 29, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I continue to believe that the “lowest hanging fruit” in shorting this stock market is the homebuilders and related stocks. History appears to be repeating, or at least “rhyming” in the housing sector: Most investors do not realize this,...
by irdadmin | Apr 5, 2018 | Financial Markets, Housing Market, U.S. Economy
A subscriber from Canada emailed me last night about the Canadian housing market: “Toronto and Vancouver sales down 40% and 30% YoY respectively. Prices are still up in Vancouver but down 14% in Toronto. I don’t know how prices stay up if the volume...
by irdadmin | Mar 9, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The census bureau does the data-gathering and the Bureau of Labor Statistics feeds the questionable data sample through its statistical sausage grinder and spits out some type of grotesque scatological substance. You know an economic report is pure absurdity when the...
by irdadmin | Jan 28, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
There is no history to suggest this is sustainable. This price move remains the most extreme technical disconnect in the $DJIA ever. – Northman Trader The U.S. dollar has had the worst January since 1987. There’s a lot of reasons why the stock market...
by irdadmin | Aug 23, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
There will be numerous excuses issued today by perma-bull analysts and financial tv morons explaining away the nearly 10% drop in new home sales. Wall Street was looking for the number of new homes, as reported by the Census Bureau, to be unchanged from June....
