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 2, 2016 | Financial Markets, Housing Market, U.S. Economy
PennyMac (PFSI) is a mortgage finance company that describes itself as a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments...
by irdadmin | Jan 31, 2016 | Financial Markets, U.S. Economy
The weekly issue of the Short Seller’s Journal has been released this afternoon. This is my best issue yet and includes an options trading resource (emailed separately). I have identified a short-sell idea that takes advantage of a highly leveraged company...
by irdadmin | Jan 29, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
When they’re trading 1.5 billion oz. of silver each day in London, the ‘silver’ fix each day is a complete sham. Now the fix has been found to be openly manipulated, it will be interesting to see what happens with the London silver market. –...
by irdadmin | Jan 27, 2016 | Financial Markets, Market Manipulation, U.S. Economy
Facebook reported it’s Q4 earnings today. Its “NON-GAAP” earnings “beat” the consensus “NON-GAAP” estimates. As it stands, “GAAP” accounting standards have become an outright joke. The use of...
