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Bank Loans Take A Dive: It’s The Economy, Stupid

by irdadmin | Mar 13, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

I am compelled to correct a report posted on Zerohedge about the cliff-dive going on in commercial, industrial and consumer loans. The report in ZH suggested the plunge is connected to two possibilities: 1) this one from a Wall Street sleazebag from Barclays:...

A Bearish Signal From Housing Stocks

by irdadmin | Dec 14, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

The yield on the 10-yr Treasury has blown out 109 basis points since July 3rd – 70 basis points since October 30th. 30yr fixed rate mortgage rates for 20% down payment buyers with a credit score of at least 720 are up 90 basis points since October 1st....

Fox Business Goes Full Retard: “Stocks Stabilize”

by irdadmin | Jun 29, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

All morning Fox Business has had a green banner posted that exclaims, “stocks stabilize.” So down 5% in two days followed by a 2.7% bounce in a little more than 1 day of trading is defined as “stabilizing?” How about the fact that the S&P...

More On Housing – 2008 All Over Again

by irdadmin | Jun 22, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

This commentary is from a subscriber to my Short Seller’s Journal: The 3% down loans seem to have brought in a lot of first time buyers into the market. I live in the east bay area of California, which is more affordable than San Francisco, or the South Bay area...

The Economy Is Tanking – Inflation/Obamacare Attacking The Middle Class

by irdadmin | Jun 21, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

The economic reports continue to show an overall rate of deterioration in economic activity down to levels – in general – comparable with the 2008-2010 period.  Freight transportation activity is part of the “nerve center” of the economic...
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