by irdadmin | Sep 30, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
IRD Note: Along with the housing market, the entire economy is beginning to collapse. Unless the Fed implements another round of trillions in money printing, the laws of economics will take control of the system. With the housing market, the point of inflection...
by irdadmin | Sep 28, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Existing Home Sales were released Wednesday and the NAR’s seasonally adjusted annualized rate metric was down 1.7% from July. July was down 1.3% from June. The NAR’s SAAR metric is at its lowest rate since last August. Naturally the hurricane that hit...
by irdadmin | Sep 27, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Wash, rinse, repeat. The American public never gets tired of the destructive abuse it suffers from Wall St. The deep sub-prime mortgage market is roaring back and, with it, the nuclear bomb-laden derivatives that triggered round one of The Big Short de facto financial...
by irdadmin | Jun 23, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Headline monthly reporting of New Home Sales remained of no substance, short term, as seen most frequently here with massive, unstable and continuously shifting revisions to recent history, along with statistically – insignificant monthly and annual changes that...
by irdadmin | Jun 5, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The Fed printed $2.5 trillion to prop up the mortgage market and the Government “refurbished” all of the mortgage programs it sponsors (Fannie Mae, Freddie Mac, FHA, VHA, USDA) in a way that positioned the Government/taxpayer as the new subprime lender of...
