Archive for recession
BEA Reports 1Q-2011 and “Great Recession” Far Worse Than We Had Been Previously Told
Contributed by the Consumer Metrics Institute Included in the BEA’s first (“Advance”) estimate of second quarter 2011 GDP were significant downward revisions to previously published data, some… Read more
Consumer Metrics Institute Member’s News: July 23, 2011 – Unexpected Extremes & Mussolini Revisited
Contributed by the Consumer Metrics Institute The past two weeks have resulted in one of our rare “wow” moments here at the Consumer Metrics Institute. On July 19 our Weighted… Read more
Bernanke’s Big Plan to Bluff Housing Back to the Bulls
Contributed by Ben Thorpe at Benzinga. There are now three guarantees in life: death, taxes, and another round of quantitative easing. Ben Bernanke has played coy the last three days,… Read more
Worry About Debt Ceiling Machinations Misses Bigger Points (Podcast)
Russ Winter of Winter Watch and Aaron Krowne of ML-Implode.com join the Wall Street Examiner’s Lee Adler as they continue their regular brief updates on the market and economic scene, with… 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
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
Best They Can Do
I update this chart of mortgage applications weekly in the Wall Street Examiner Professional Edition Fed Report. It is based on data published by the Mortgage Wankers Association each week. The more… Read more
Thinking of Selling Your Home? The Weight of Evidence Says Get It Done Yesterday.
Michael David White is a mortgage broker in… Read more
HAMP = Foreclosure
Over the last year, I have been watching the HAMP modification program with great interest. I have wanted to believe that the Federal Government would actually put into place a loan modification… Read more
