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 | Feb 21, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
A colleague of mine pointed out that Trump has not been tweeting his flatulence about the economy recently. This thankful hiatus is after he just passed tax cuts and a spending budget that is supposed to be stimulative. As it turns out, the economy is hitting the...
by irdadmin | Jan 31, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The Fed’s tightening plan sounds like my fat buddy’s diet plan at my workplace. He still scarfs down his usual 2 Big Macs a day (sometimes 3), but has lately taken to washing it down with a diet Coke instead of a regular Coke. “Gotta watch my weight”, he recently told...
by irdadmin | Jan 24, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“Housing – people are insane if they think housing isn’t going to get crushed with rising rates. As you outline often, it’s already happening in ( NY, Den, etc. ) I live in LA and most of my friends/ coworkers are telling me how dumb I am to not jump...
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....