Archive for June, 2011
Housing Indicators Show Lower Seasonal Peak
(Originally posted at the Wall Street Examiner.) Two housing market indicators released over the last two days suggest that the market is making a seasonal peak at a weaker level than last year,… Read more
Unemployment Claims Visual Analysis
(Originally posted at the Wall Street Examiner.) The trend in initial claims still appears to be favorable compared to last year. But when you look at the new claims as a percentage… Read more
Housing Market Tanks Again, Say Builders
(originally posted at The Wall Street Examiner) Home builders said the housing market went from dead to deader in early June. The NAHB’s present conditions index fell from 15 (revised down) to… Read more
SFDPA Has Strangled “Refi Boom” In The Cradle
Regarding today/yesterday’s Mortgage Banker’s Association news of falling purchase apps and refi apps still way below last years “refi boom”: Ted Rood, a loan originator from MetLife Home Loans… Read more
Markets Know QE2 Is “Transitory”
Originally posted June 6th over at The Wall Street Examiner. Virtually all key liquidity indicators are negative as the markets hurtle toward the end of QE in a little over 3 weeks. Large domestic… Read more
Weak Employment Growth Should Not Have Surprised
This article originally appeared June 4th at the Wall Street Examiner. The market was disappointed with last Friday’s employment data. But actual total employment, as opposed to the widely… Read more
Bullish Signs For Housing Bearish For Banks
Originally published May 2nd at the Wall Street Examiner. Listing prices rose again in May and the gains, while seasonally normal, are much stronger than they were last year. This is in the… Read more
