March 16, 2010

			The Higher It Goes - The Better The Short! (Today, the market continues to march higher after breaking out to new highs. The volume is light and momentum is driving it higher. Option expiration buy...)
			Healthy Followup
			The Transparency Bubble?We Need It (Can you be too transparent? I don’t think so, but I never went to Harvard or had $1 billion to manage around an algorithm. Google $goog can’t be...)
			A REALLY Bad Time to Chase Momentum
			UnitedHealth Bulls Have a Fever ? the Only Prescription is More Call Options (Today’s tickers: UNH, BZH, WFC, GE, XLB, WMT, BAC, COF, HOG, ETFC & STJ UNH - UnitedHealth Group, Inc. –...)
			Trulia?s VP of Marketing Heather Fernandez on CNBC: The Search for a New Home ( Great job by Trulia’s VP of Marketing Heather Fernandez as she provides insights into Trulia’s housing...)
			Thinking About Short Selling Your House? What No One Will Tell You. (When short selling your house, make sure that you know that it will be hard on your relationship. Short selling your house is very...)
			Interview
			Search ALL NYC Listings in One Place! ( Yes it is finally possible to search all Manhattan residential real estate listings in one place and we are one of the early adopters of what the industry...)
			Yummy Monster Munchies (It’s that frightful holiday of the year has come around. It?s time to choose on your macabre appetizers. Check out these creative Halloween recipes to help you get...)
			Silicon Valley Real Estate and the Inverse GOOG Effect
			I hate my theme? (In some ways, my stengths – I love to tinker with eletronics, am Internet savvy, know a little about marketing – are my weaknesses: I like to do things myself, or at least...)
			Honestly, I?m Not Making This Up: MLS Rants ( Last week, I criticized the practice of some agents who hide potentially important information from buyers by putting it in the secret ?agent?s only?...)
			Your Retirement ? What?s It Look Like and How Ya Gonna Get There? (This is more of a preview of coming attractions. One of the questions I’m most asked is about Purposeful Planning and what it...)
			USDA Loans: No More Money in 2010? (Whether you are looking to buy a home or refinance one using a USDA loan, my best advice is to hurry if you can. The USDA loan program may be running out of money...)
			Industry Wants Risk Retention Exemption in Dodd Bill (Senator Christopher Dodd (D-CT), chairman of the Senate Banking Committee, unveiled details of a new bill to Congress yesterday that aims to...)
			Who Is Assaulting the Federal Deposit Insurance Corporation? (No one was surprised last week (March 11) when the board of the Federal Deposit Insurance Corporation (FDIC) extended the ?transitional...)
			Citi Mortgage Workouts Outnumber Foreclosures 15 to 1 in Q409 (CitiMortgage, the mortgage servicing branch of Citigroup (C: 4.05 +4.11%), worked with nearly 128,000 borrowers in Q409 to avoid...)
			An odd way to measure the success of mortgage mods (The Obama administration has an odd way of assessing the results of its $50bn Home Affordable Modification Program, or HAMP. When the program was...)
			Honest corruption in Fed MBS purchase program ( The Federal Reserve has paid a yearlong bribe to the housing market to keep mortgage rates almost a full point below average. The $1.25trn payoff also...)
			PWC Director: the Worst May be Over for Commercial Real Estate (Commercial real estate investors expect capitalization rates to stabilize and vacancy rates to level in 2010, according to the quarterly...)
			Obama aides see ?extended period? of unemployment (US employers won?t hire enough workers this year to lower the jobless rate much below the level of 9.7% reached in February, three Obama...)
			Defaults Soar as Foreclosures Slide in Sunny California: ForeclosureRadar (Notice of defaults, the start of the foreclosure process, in California increased 19.7% in February, while the amount of...)
			Permanent mortgage loan modifications rise 50% in Chicago area (The number of Chicago-area homeowners who have received permanent mortgage loan modifications under the federal Home Affordable...)
			Haitian man gets 17-year sentence in $9m mortgage-fraud case (A Haitian citizen was sentenced to 17 years in federal prison following his conviction last year in a mortgage-fraud case that resulted in...)
			Construction Spending for February 2007 (     The report from the Census comes out today at 10am                 ...)
			Construction Spending for January 2007 (     Report comes out this morning at 10am                  Full article...)
			Come join me at my new blog: "Soot and Ashes - Reinventing America After the Housing Crash"
			LIVEBLOGGING NOW.. Alright, I'm all settled in, caffeinated up, ready to see if America pulls its head out of its ass tonight
			CONFIDENCE WILL NOT BE RESTORED WITHOUT TRANSPARENCY! WHAT MARKET PARTICIPANT IN HIS RIGHT MIND WOULD TRUST BEAR STEARNS?
			Feldstein: Bad Recession to come (with inflation).
			REDC Breakdown
			Samwick Media Watch
			The UCLA Fly-Out
			The corporate tax on workers and consumers (One of the NDP's lines on the budget - the very first words spoken by Jack Layton in his reaction during the CBC coverage - is to denounce the continuation...)
			Daniel Libby visits King Island, 1867 (Construction of the trans-Atlantic telegraph cable pushed the limits of 19th Century technology. In the 1860s construction was begun on an alternative telegraph...)
			King Island and the Russian Fur Traders, 1822 (When westerners began to visit the Bering Strait, they were touching the jugular of a thriving trade in furs between America and Asia. Furs from central...)
			Does Mum?s Age Matter? (Xiaodong Gong and I have a paper in the latest issue of the Australian Economic Review. Abstract below. Does Maternal Age Affect Children?s Test Scores? Andrew Leigh and...)
			Mid-Week Linkfest
			"Everyone" Does Not Equal "Most Everyone", by Bryan Caplan (Robin replies to my recent post on Hanson's Fallacy:Few deals can guarantee to get everyone more of what they want, but by encouraging and...)
			Haidt Responds, by Bryan Caplan (Don't miss Jon Haidt's response to my questions.  It's in the comments, but I reproduce it here in its entirety. ...)
			Markets vs. Government, by Arnold Kling (Again, this will be the subject of my talk on Thursday evening March 18 at Campbell University. It is also the subject of this podcast featuring Don Boudreaux...)
			Public Sector Unions vs. Taxpayers, by Arnold Kling (The Washington Post reports on cuts proposed in the budget in Montgomery County, Maryland. The proposed budget cuts in Montgomery, which require...)
			Accounting Standards, by Arnold Kling (I have been following, but not writing about the Lehman accounting scandal. Simon Johnson brings up a past scandal (Enron) and a future scandal (Greece). He...)
			Perks? What Perks? (From the Dallas Morning News comes a story about the pending destruction of Texas Stadium in Irving, Texas. The Cowboys moved to their new stadium in Arlington last year and the old...)
			A Day-Brightener (The Ludwig von Mises Institutet i Sverige (HT: Jeff...)
			The Process Demonstrates Hayek's Importance (You might have read some of the discussion of the (apparently controversial) decision to include Hayek among the people studied in Texas schools (here's...)
			We've got a map for that (... and it runs through Washington. This analysis from Harvard's Nieman Watchdog: [G]iant telecoms and cable companies -- and the lobbyists, think tanks and astroturf groups...)
			Does Mum?s Age Matter? (Xiaodong Gong and I have a paper in the latest issue of the Australian Economic Review. Abstract below. Does Maternal Age Affect Children?s Test Scores? Andrew Leigh and...)
			Wait! I thought high surcharges was the point (It looks like the NSW Government is worried about credit card surcharges. EXCESSIVE fees for credit card purchases could be abolished in the wake of an...)
			Subsidies and Distortions (Suppose that Bill Gates, Warren Buffett, and Larry Ellison pool their wealth into what they call “The Subsidy Fund.”  Out of his fund, the three billionaires will...)
			Keep Those Exports Coming (Here’s a letter that I sent to the New York Times – the third letter in response to yesterday’s Krugman column: Paul Krugman notes that Chinese Prime...)
			Hayek in Texas (Is Hayek an important enough economist to be taught in Texas schools alongside Keynes and Friedman? Justin Wolfers says no. Bill Easterly says yes. I’m always happy to spread...)
			If Technology Were a Country?. (Here’s a letter to the New York Times: Paul Krugman accuses the Chinese government of harming America by (allegedly) keeping the value of the yuan artificially low...)
			'Peak Oil Demand,' Yes... But Not the Nice Kind: Why There Will Be No Recovery (This is a guest post by Chris Nelder from his blog GetRealList. When oil crossed $120 a barrel for the first time in May...)
			Drumbeat: March 16, 2010 (?The Joint Operating Environment? on the Energy Crisis The U.S. Joint Forces Command published ?The Joint Operating Environment? report which ?seeks to provide the Joint Force...)
			Canadian Credit Bubble In Pictures (Here are 4 images from Jonathan Tonge at America-Canada Blog regarding Canada, The Country of Fiscal PrudenceCredit Card Debt Up $43 Billion Since 1999Personal Lines...)
			Bankruptcy Court Gives Prichard Alabama 2 More Months To Figure Out How To Pay Pensioners (Prichard Alabama declared bankruptcy on October 28, 2009 over pension obligations. Since then pensioners have...)
			Building Physical Stamina for the CPA Exam
			TIGTA: IRS on Track to Meet Goal of Answering 71% of Taxpayer Phone Calls After a 12-Minute Wait (The Treasury Inspector General for Tax Administration today released The Internal Revenue Service Is...)
			Nina Olson to Testify at House Hearing Today (The Subcommittee on Oversight of the House Ways & Means Committee holds a hearing at 2:00 p.m. today (webcast here) on The National Taxpayer Advocate?s...)
			IRS Releases 'Dirty Dozen' Tax Scams (The IRS today released (IR-2010-32) its 2010 ?dirty dozen? list of tax scams: Return Preparer Fraud Hiding Income Offshore Phishing Filing False or Misleading...)
			Rapoport: Where Have All the (Legal) Stories Gone? (Nancy B. Rapoport (UNLV) has posted Where Have All the (Legal) Stories Gone? (My answer: here.) Here is the abstract: This essay examines whether...)
			Cantley Posts Tax Papers on SSRN (Beckett Cantley (Thomas Jefferson) has posted several of his tax papers on SSRN: The U.B.S. Case: The U.S. Attack on Swiss Banking Sovereignty Congress Giveth and...)
			Law School Names Associate Dean of Diversity and Inclusiveness (The University of Denver Sturm College of Law has named Catherine E. Smith Associate Dean of Diversity and Inclusiveness. From the Denver...)
			Smaller Stocks Like This Have Led Recently..... 3/16/2010 (........while the bears think it's too much. I think you stay with what works until it...)
			Swing Trade Hotlist
			Today's FOMC Statement (This statement is pretty much the same as the last one. Once again, Hoenig is the lone dissenter: Information received since the Federal Open Market Committee met in January...)
			Tuesday links: dumb regulation (How dull have the last two market days been?  Historically dull.  (Bespoke) Should Goldman Sachs (GS) trade with a single-digit P/E ratio?  (Peridot Capitalist) The...)
			Quantitative bracketology, redux (For the second year in a row we are hosting a NCAA bracket competition with Adam Warmer of the Daily Options Report.  This year we are pleased to announce that this...)
			Monday links: enjoy the tape (“Enjoy the tape and the easy money, but know it will end extremely bad for most.”  (Howard Lindzon) Performance by month for options expiration week. ...)
			Sunday links: retail resurgence (Junk stocks continue to lead this rally.  (Chart.ly Blog) The state of equity market sentiment at week-end.  (Trader’s Narrative, The Technical Take) The online...)
			Friday links: rumor time (It’s once again rumor time on Wall Street.  (The Reformed Broker) Individual investors still have some buying power left.  (Big Picture) How bullish (or bearish) is the...)
			Thursday links: really soft commodities (The Risk Assets Index is showing a bit too much enthusiasm.  (TraderFeed) The Russell 2000 has retraced some two-thirds of its bear market move. ...)
			Wednesday links: reaching for yield (Reaching for yield almost always ends badly.  (Big Picture also FT Alphaville) Ten years later, “It’s tempting, but wrong, to write off the tech mania...)
			Tuesday links: setups abound (Setups abound.  (The Reformed Broker) Is the risk trade back on again?  (The Money Game) Shiller vs. Siegel on market valuation.  (WSJ also Crossing Wall Street) Lessons...)
			Retirement Investing: What To Do in a Near Zero-Rate Environment?
			China Has A Low Correlation?
			NO EASY ANSWERS IN THE AGE OF EASY MONEY (The key phrases in today?s FOMC statement from the Fed in reference to the outlook for interest rates: ?exceptionally low? and ?extended period.? Almost no one...)
			ANOTHER FOMC DAY (Will they hike 'em today? Probably not. But the sight of a central bank raising interest rates is no longer unusual. Australia has been hiking the price of money recently and South...)
			FOMC Meeting: Rates Steady for an Extended Period, Asset Purchase Programs to End (I have a quick reaction to the Press Release from today's FOMC meeting at MoneyWatch: FOMC Meeting: Rates Steady for...)
			Chinese Currency Manipulation: The Case for Change in U.S.Policy (Panelists: Paul Krugman, C. Fred Bergsten, Robert E....)
			Do Not Be Fearful Or Negative Too Often
			Success Is A Process Of Continually Seeking Answers To New Questions
			Turn Each Mistake Into A Learning Experience
			Charles Nenner says long term cycle bottoms soon.
			When good (lefty) papers go bad.
			Mortgage Rates Rising Could Hurt Real Estate Sales (If you are looking to purchase a home in the near future, watch the mortgage rates. Due to the Federal Reserve buying up mortgage paper and a severe...)
			Top 10 Cities For Tornado Activity (I don’t know about you but I hate tornadoes. Seriously. So it does not warm my heart to realize I live between the 2nd worst and the 9th worst cities in the...)
			CitiGroup Selling Real Estate Division to Apollo (A sign that the big banks are focusing on core fundamentals and not esoteric investments happened today. Citigroup is selling their Citi Property...)
			Exactly one year later
			Middlesex North Registry of Deeds corroborates concerns of more foreclosures and shadow inventory (Read link for details. Discuss at Boston...)
			REO the problem? Or the solution? (From HousingWire: Housing Recovery is Spelled R-E-O Short sales are a hot topic right now?especially with a much-ballyhooed government program focused on short...)
			Dodd Making Preparations For Pre-Emptive Strike On Second District ("The bill clamps down on conflicts of interest at the Federal Reserve, making the head of the New York Fed, for example, a...)
			Bubble at Doom North? Familiar Trends Emerging in Canada (As we near completion of Doom transcript Sub VI Hotel for AEI seminar "Canadian versus U.S. Housing Finance: Comparison and...)
			Buyer Traffic Forecasting Decline
			New Residential Construction Report: February 2010
			Fire Burn and Cauldron Bubble!
			Mar 16 - Before the Open
			Long Cable
			Close Cable trade
			Assorted links (1. Where does foreign aid go? 2. The hardest logic puzzle ever posed? 3. The science of free-throw shooting. 4. Tony Judt on girls, sex, and marriage. 5. Old post by me, cited today by...)
			Markets in everything: opera for babies (Yup, real baby babies, not non-real grown-up babies: Scottish Opera is attempting to reach beyond its normal audiences of middle-aged music buffs by launching a...)
			*Slapped by the Invisible Hand* (That's the new Gary Gorton book and the subtitle is The Panic of 2007. It brings together Gorton's writings on the crisis in one convenient place but it serves up a...)
			Books which have influenced me most (Chris, a loyal MR reader, asks: I'd like to see you list the top 10 books which have influenced your view of the world. I'll go with the "gut list," rather than...)
			Come join me at my new blog: "Soot and Ashes - Reinventing America After the Housing Crash"
			LIVEBLOGGING NOW.. Alright, I'm all settled in, caffeinated up, ready to see if America pulls its head out of its ass tonight
			Report: FDIC Seeking Buyers for Puerto Rican Banks
			HAMP Debt-to-income Ratios of "Permanent" Mods
			Housing Starts decline in February
			What the Fed and EU Finance Ministers Have in Common (Good Morning: Our capital markets have lately been, in the words of one of veteran participant, “just scintillating”. Stocks, bonds,...)
			Art Cashin: ?We are at a key point? (Airtime: Mon. Mar. 15...)
			S&P affirms Greece?s BBB+ rating (S&P affirmed Greece’s BBB+ credit rating and took them off credit watch with negative implications but the outlook is negative from stable (which reflects...)
			S&P 500 Review (S&P 500 – Weekly Chart courtesy of Fusion Analytics Investment Partners As seen in the chart above the S&P 500 is retesting its highs from last week near 1,150. Given...)
			Is the Fed Normalizing Money Supply? (Barron’s notes that the M1 money multiplier biweekly indicator is worth watching closely. Why? Because the multiplier is declining “corresponds so...)
			The Hibernating Bear (I have a few good quotes about secular bear markets in The Bear: Dead or Just Sleeping?: “And, in fact, many in the bear camp believe the market is destined to meet its...)
			Housing Starts a touch better as crucial spring selling season just ahead (Weather impacted Feb Housing Starts totaled 575k annualized, 5k above estimates but down from 611k in Jan which was revised up...)
			One Day at a Time (One Day at a Time, no not the sitcom staring Valerie Bertinelli that many of us grew up watching but the new drama that is now the FOMC where the flip side of their extraordinary...)
			New York Hedge Fund Roundtable (Posting will be light this morn, as I am presenting at the NYHFRT today. The topic: The housing boom and bust, the credit bubble, as well as the stock market crash...)
			The Complexity Machine (I mentioned the Elizabeth Warren presentation on consumer protection at the Make Markets Be Markets. She was on Charlie Rose last week — here is a small excerpt of the...)
			Mortgage Debt is Snowballing (New York Times: ?There is no silver bullet,? said the official, Steve O?Connor, a senior vice president of the association. ?There is no single solution to the housing...)
			50/50 (Today's health reform number from the White House: 50/50. If you're an American under age 65, you have a 50/50 chance of finding yourself without health insurance coverage at some point in the...)
			In the News: Organizing for America Health Reform Rallies and Phone Banks (In the final march for reform, OFA's grassroots volunteers are showing support for health insurance reform through phone...)
			California Could Tank Short Sale Stimulus (Just when you think a government program might actually do some good? Here I am today reporting about the upcoming Home Affordable Foreclosure Alternative...)
			90% Marginal Tax Rate for the Middle Class
			Bernanke Bearish on Economy
			Where Was Eliot Spitzer Hose When We Actually Needed It? (Just putting it out there: Ashley Dupre learned that posing for Playboy is more dangerous than meeting strange men in hotel rooms. One of the...)
			RenTec?s New CEO?s Mulling Over Shuttering RIEF And RIFF (Now that Jim Simons has officially retired (he announced his intent to do so last October but he’s been saying that since 2002 and every...)
			Bonus Watch ?10: Deutsche Bank (Most Deutsche Bank employees are still feeling pretty unappreciated for their suffering. Luckily, today, a hint from the inside has been communicated vis-a-vis how one...)
			Opening Bell: 03.16.10 (Lehman Whistle-Blower’s Fate: Fired (WSJ) Matthew Lee, a 14-year Lehman veteran, was let go in late June 2008 amid steep losses at the firm as it tried to maneuver through...)
			Write-Offs: 03.15.10 ($$$ Goldman Sachs Squeezes Hedge Funds in $110 Billion `Collateral Arbitrage’ [Bloomberg] $$$ Julian Robertson Has Been Working on the Same Novel for 29 Years [DI] $$$...)
			Harvard Undergrad Who Inspired The Big Short Hoping To Change Wall Street From The Inside (A word of advice to any asshats currently hard at work figuring out how to cause the next financial crisis: AK...)
			30yr Bond Futures at Major Resistance (The 30 yr Bond Futures contract is at major resistance from December. Here's a look at TF, the emini Russell 2000 contract. Do we have a triple top...)
			Healthy Followup
			A REALLY Bad Time to Chase Momentum
			The Oxen Report: Awaiting Fed Decision, Where Will Market Move? (Hope everyone had a great weekend. We are looking forward to another great week with The Oxen Report. We start off today with what...)
			Tempting Tuesday - Waiting on the Fed (The dollar is diving and the futures are flying this morning! Word is that the Fed will remain doveish in their 2:15 statement today with no sign of tightening in...)
			Phoenix home buyers, are you being realistic? (Are you a realistic home buyer? Is what you want in a home or a location even possible? There is some hard data to go on, other times you need to {gasp!}...)
			Housing starts, permits flat lining
			Yummy Monster Munchies (It’s that frightful holiday of the year has come around. It?s time to choose on your macabre appetizers. Check out these creative Halloween recipes to help you get...)
			Silicon Valley Real Estate and the Inverse GOOG Effect
			Storytelling through Real Estate Video. Take two. (It was 4 whole years ago that I was sitting in the back row at my first ever RE/Tech hoo-ha conference when I first heard that Video was the next big...)
			Winter Weather Hurts February Housing Starts (This year?s extraordinary winter weather took its toll on housing starts in February. After starting off the year on an upward note, housing starts took a...)
			Construction Spending for February 2007 (     The report from the Census comes out today at 10am                 ...)
			Construction Spending for January 2007 (     Report comes out this morning at 10am                  Full article...)
			Come join me at my new blog: "Soot and Ashes - Reinventing America After the Housing Crash"
			LIVEBLOGGING NOW.. Alright, I'm all settled in, caffeinated up, ready to see if America pulls its head out of its ass tonight
			CONFIDENCE WILL NOT BE RESTORED WITHOUT TRANSPARENCY! WHAT MARKET PARTICIPANT IN HIS RIGHT MIND WOULD TRUST BEAR STEARNS?
			Feldstein: Bad Recession to come (with inflation).
			One Defaulting Owner?s Free Ride: Three Years and Counting ( Freeloaders enjoying the entitled life are not confined to subprime areas. Today's featured property may be the worst case of...)
			REDC Breakdown
			Samwick Media Watch
			The UCLA Fly-Out
			Daniel Libby visits King Island, 1867 (Construction of the trans-Atlantic telegraph cable pushed the limits of 19th Century technology. In the 1860s construction was begun on an alternative telegraph...)
			King Island and the Russian Fur Traders, 1822 (When westerners began to visit the Bering Strait, they were touching the jugular of a thriving trade in furs between America and Asia. Furs from central...)
			Easterly on Hayek (Bill Easterly – who ranks as not only a superb economist but as one of the finest verbal stylists of the profession – explains why Hayek’s works deserve more...)
			Misconceptions about Money and Velocity (Inquiring minds are interested in velocity and money. John Mauldin discusses both in The Implications of Velocity. Unfortunately, Mauldin perpetuates three...)
			Building Physical Stamina for the CPA Exam
			Thank you
			Heritage Foundation Hosts Panel Discussion Today on The Wyden-Gregg Tax Reform Bill (The Heritage Foundation hosts a luncheon panel discussion today in Washington, D.C. on Is Wyden-Gregg the First Step...)
			Philipps: Income Splitting and Gender Equality (Lisa Philipps (York University, Osgoode Hall Law School) has posted Income Splitting and Gender Equality: The Case for Incentivizing Intra-Household...)
			'The Long Arm of the Law Should Not Extend to the Middle Finger' (Early nominee for legal headline of the year: "The Long Arm of the Law Should Not Extend to the Middle Finger," based on the article...)
			Will the SNB Hit the Brakes? (Last week, traders were on the lookout for possible currency intervention by the Swiss National Bank (SNB). With the EURCHF now falling below a key support level, are the...)
			Cross-Eyeing: EURJPY (Let me go out on a limb here and say that a potential inverted head and shoulders pattern is forming on the...)
			Swing Trade Hotlist
			Apple Inc (AAPL) Mac Sales Up
			Emini SP: Trading The Final Hour
			DODD'S REGULATIONS (Sen. Dodd's new financial regulation package is out and about. What does it mean? What does it do? What will it change? Will it work? The analysis has only just begun. We can start...)
			Moody's warns nations to cut spending or risk AAA ratings - washingtonpost.com
			The Evolution Of ETFs
			Visit to Fed Shows Where Any Reform Should Start - WSJ.com
			"Hayek Propped Up by Government Intervention" (Justin Wolfers hoists the Texas Board of Education by their own Hayek. Or something like that: Hayek Propped Up by Government Intervention, by Justin...)
			Larry Summers: 'Six Imperatives' for Financial Regulation ([via]...)
			links for 2010-03-16 (Fed May Seek to Avoid Lower Inflation as Officials Debate Exit - Bloomberg.com What Do Business Economists Think the ARRA Accomplished? - Econbrowser Was it the ?Considerable...)
			Do Not Be Fearful Or Negative Too Often
			Success Is A Process Of Continually Seeking Answers To New Questions
			Turn Each Mistake Into A Learning Experience
			Charles Nenner says long term cycle bottoms soon.
			When good (lefty) papers go bad.
			High Conviction: An Inexpensive Miner With Unique Business Model (Adrian Day submits: Adrian Day is Chairman and CEO of Baltimore-based Adrian Day Asset Management, a registered Investment Advisory...)
			Top 10 Cities For Tornado Activity (I don’t know about you but I hate tornadoes. Seriously. So it does not warm my heart to realize I live between the 2nd worst and the 9th worst cities in the...)
			CitiGroup Selling Real Estate Division to Apollo (A sign that the big banks are focusing on core fundamentals and not esoteric investments happened today. Citigroup is selling their Citi Property...)
			Exactly one year later
			Sidebar Users & Data Miners: We Few, We Happy Few (Here's a bit of self-serving MSM pabulum to start you on your day. . . . . . . NYT: "Most Online News Readers Use 5 Sites or Fewer, Study...)
			Las Vegas Homes Renting In Record Numbers (It has been awhile since we've dug into the Las Vegas home sale numbers.  Of note this month is that the most interesting number is not a sale...)
			Long Cable
			Close Cable trade
			Come join me at my new blog: "Soot and Ashes - Reinventing America After the Housing Crash"
			LIVEBLOGGING NOW.. Alright, I'm all settled in, caffeinated up, ready to see if America pulls its head out of its ass tonight
			What Do Business Economists Think the ARRA Accomplished? (Or, counterfactuals, yet again. Or, rejoinder to Casey Mulligan, Joseph Lawler, david, tim kemper and others. From the WSJ March survey survey...)
			2010: REOs or Short Sales?
			Financial Regulatory Reform Update
			Happy Anniversary, Green Shoots (One year ago, on 60 Minutes, Ben Bernanke uttered that now famous phrase. Watch CBS Videos...)
			Mortgage Debt is Snowballing (New York Times: ?There is no silver bullet,? said the official, Steve O?Connor, a senior vice president of the association. ?There is no single solution to the housing...)
			[HVCC and AMCs Violate RESPA?] Here?s a possible solution ( I was provided an interesting solution to the AMC appraisal issue from Tony Pistilli, a certified residential appraiser who has been...)
			Pivotfarm Support and Resistance Levels 16th March 2010
			90% Marginal Tax Rate for the Middle Class
			Bernanke Bearish on Economy
			30yr Bond Futures at Major Resistance (The 30 yr Bond Futures contract is at major resistance from December. Here's a look at TF, the emini Russell 2000 contract. Do we have a triple top...)
			Top 19 Gainers : 15th March 2010
			Healthy Followup
			Could Real Estate Be the Investment for 2010? (Though down and out following the collapse of the bubble in 2007, real estate could be back in vogue as an investment.  Lower prices, lower interest rates...)
			A REALLY Bad Time to Chase Momentum
			Candidates for 03/16/2010
			Stock Picks and Watchers: NFLX, V, POT, BCSI, SIRI, OVTI (Another night, another set of stocks to watch and...)
			Phoenix home buyers, are you being realistic? (Are you a realistic home buyer? Is what you want in a home or a location even possible? There is some hard data to go on, other times you need to {gasp!}...)
			Thinking About Short Selling Your House? What No One Will Tell You. (When short selling your house, make sure that you know that it will be hard on your relationship. Short selling your house is very...)
			Hedge Fund Returns for February 2010
			Permanent Life Policies: Whole Vs. Universal (If you're looking for life-long security, choosing between these two is the key. ...)
			Management Strategies From A Top CEO (Find out what this winning manager did to grow one of the biggest companies in the world. ...)
			Yummy Monster Munchies (It’s that frightful holiday of the year has come around. It?s time to choose on your macabre appetizers. Check out these creative Halloween recipes to help you get...)
			Silicon Valley Real Estate and the Inverse GOOG Effect
			Correlating Mortgage Rates To The Fed Funds Rate (The Federal Reserve doesn't set mortgage rates. Mortgage markets...)
			LPS Expands Services, Launches New Short Sale Platform (As 2010 gears up to be the ‘year of the short sale,’ Jacksonville-based Lender Processing Services (LPS: 40.22 -0.94%) said Tuesday...)
			Former Bank President Becomes First Charged with TARP Fraud (Just days after the New York State Banking Department (NYSBD) closed The Park Avenue Bank, the failed bank?s former president was arrested,...)
			Equator Oversees 125,000 Automated Short Sales in Four Months (In a report that may be considered numerical ammunition to the argument that short sales are heating up faster than modifications,...)
			Construction Spending for February 2007 (     The report from the Census comes out today at 10am                 ...)
			Construction Spending for January 2007 (     Report comes out this morning at 10am                  Full article...)
			Come join me at my new blog: "Soot and Ashes - Reinventing America After the Housing Crash"
			LIVEBLOGGING NOW.. Alright, I'm all settled in, caffeinated up, ready to see if America pulls its head out of its ass tonight
			CONFIDENCE WILL NOT BE RESTORED WITHOUT TRANSPARENCY! WHAT MARKET PARTICIPANT IN HIS RIGHT MIND WOULD TRUST BEAR STEARNS?
			Feldstein: Bad Recession to come (with inflation).
			REDC Breakdown
			Samwick Media Watch
			The UCLA Fly-Out
			Daniel Libby visits King Island, 1867 (Construction of the trans-Atlantic telegraph cable pushed the limits of 19th Century technology. In the 1860s construction was begun on an alternative telegraph...)
			King Island and the Russian Fur Traders, 1822 (When westerners began to visit the Bering Strait, they were touching the jugular of a thriving trade in furs between America and Asia. Furs from central...)
			The Last Australian Shoe Manufacturers (I had a throwaway line in my op-ed this morning. What will a company tax rise do to prices? While the evidence is thin, theory suggests that companies will be...)
			Who ends up footing the company tax bill? (My AFR op-ed today is on the economic incidence of company taxes. The draft benefited from comments by Nicholas Gruen and an anonymous friend. Full text over...)