New Ruling on Mortgage Putbacks a Potential Huge Win for Banks
Yves Smith discusses New Ruling on Mortgage Putbacks a Potential Huge Win for Banks Even though, for most people, the housing crisis is a thing...
Category : Home
Bullish Optimism is Beginning to Reach Extremes
Since the end of last year the bullish optimism for 2013 has risen to an almost fevered pitch. Concerns of any further disruption from the...
The 4 Dubious Assumptions Driving the Market Higher
Despite the problems facing the U.S. economy, the dysfunction in Washington and slowing global growth, stocks continue to rise on the basis of what we...
Will Canada Home Prices Follow Sales Lower?
It should be pretty interesting to see what happens with home prices in Canada this year as they’ve clearly seen home sales dry up over...
Friday: Consumer Sentiment, State Employment
First from Merrill Lynch on more mortgage credit: "Housing heats up" [W]e believe recent developments on mortgage policy and mortgage servicing could lead to loosening...
SNB Actions Bare Fruit (Finally).
The Swiss National Bank has been trying to weaken its domestic currency for a long time. With the exchange rate versus the Euro as target,...
Rail Traffic’s Bumpy Ride Continues
Rail traffic is bumpy as usual at this time of year so its’ not easy to take away much from this week’s swing, but we...
Facebook Inc (FB) Stock Rebounds After Search Engine Unveiled
Facebook Inc (NASDAQ:FB)’s share went up again after it announced its ‘Graph Search’. The company’s chief executive officer, Mark Zuckerberg, introduced an enhanced search engine,...
AAII: Investor Optimism Remains High
Even with a small decline in optimism, more than 40% of individual investors describe themselves as bullish in the latest AAII Sentiment Survey. Bullish sentiment,...
A Debt Limit Strategy Rather Than Tactics
The recent debate about the debt limit focuses on the negative economic impact of a decision by the government not to increase the debt limit....