by irdadmin | Dec 16, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
In many areas of the country prices are already down 5-10%. I know, you’re going to say that offer prices are not reflecting that. But talk to the developers of NYC and SF condos who are trying to unload growing inventory. Douglas Elliman did a study of NYC...
by irdadmin | Nov 15, 2016 | Financial Markets, Housing Market, U.S. Economy
You wouldn’t know it from the housing industry organizations, Wall Street or the media propaganda, but the housing market is starting to unravel. It does not matter which person or political party occupies the White House and Capitol Hill. The debt orgy that...
by irdadmin | Aug 31, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The Seasonally Adjusted Annualized Rate (SAAR) economic numbers are now manipulated beyond the definitional meaning of the word “absurd.” This is especially true with the housing market and auto sales reports. – Investment Research Dynamics Today...
by irdadmin | Aug 2, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
In my latest issue of the Short Seller’s Journal, I predicted a weak showing for July auto sales. Both GM and Ford missed Wall Street’s forecast. With the magic of seasonal adjustments, the industry data overall was presented to show a .7% increase in...
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...