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No GDP Resonance In New Home Sales Either

Perhaps the BEA should have moved the GDP release up a few days to allow mainstream commentary its unbridled and unstained euphoria. Almost as soon as the GDP revisions were released, the upward...

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A Realistic Scenario For Unrealistic New Homes

At first glance, yesterday’s release of new home sales estimates defied any sense of sense. As such, it seemed better to simply let it alone until revisions attempt to address the extreme outlier...

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Where The New Houses Aren’t

New Home Sales fell sharply in December 2016, from a seasonally-adjusted annual rate of 598k in November to 536k. That wasn’t unexpected given the behavior of interest rates since August in particular....

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Housing History And Why The Yield Curve Got So Flat

The global economy was in very rough shape in 1980. Caught in the spiral of the Great Inflation, there was practically nowhere to hide from ripping upheaval – beyond just the economic problems. Despite...

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Image may be NSFW.
Clik here to view.

No GDP Resonance In New Home Sales Either

Perhaps the BEA should have moved the GDP release up a few days to allow mainstream commentary its unbridled and unstained euphoria. Almost as soon as the GDP revisions were released, the upward...

View Article


Image may be NSFW.
Clik here to view.

A Realistic Scenario For Unrealistic New Homes

At first glance, yesterday’s release of new home sales estimates defied any sense of sense. As such, it seemed better to simply let it alone until revisions attempt to address the extreme outlier...

View Article

Image may be NSFW.
Clik here to view.

Where The New Houses Aren’t

New Home Sales fell sharply in December 2016, from a seasonally-adjusted annual rate of 598k in November to 536k. That wasn’t unexpected given the behavior of interest rates since August in particular....

View Article

Image may be NSFW.
Clik here to view.

Housing History And Why The Yield Curve Got So Flat

The global economy was in very rough shape in 1980. Caught in the spiral of the Great Inflation, there was practically nowhere to hide from ripping upheaval – beyond just the economic problems. Despite...

View Article

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