More lies from the discredited, conflicted and data manipulating NAR which for some stunning reason continues to move the market, even more paradoxically after the existing home sales number came at... read more »

By many measures, the U.S. economy has come a long way since the depths of the most recent recession; since bottoming out in early 2009, most equity indexes have climbed sharply higher and... read more »

Lately the news on the economy has continued to deteriorate. GDP growth has slowed to a snail’s pace, new orders have fallen off as manufacturing is on the decline, and we’ve seen a surge of poor... read more »

There are growing concerns about the US private sector, to say the least. Investors seem to be finding more and more reasons everyday to head for the preverbal high ground. Just this week we’ve... read more »

While the quant funds are desperately seeking modelers for a "deranged middle east dictator" algo, the US economy continues to prolapse. From the release: "Sales of new single-family... read more »

After posting an all time low rate of 4.17% in the week ended November 11, the 30 Year Freddie Mac Fixed-Rate Mortgage has surged by 22 bps to 4.39%, the highest average rate since August 19, before... read more »

A very troubling anecdote by Art Cashin today on the possible future developments in fraudclosure.An Amazing Assertion – Last week one of the FoF regulars brought a friend to one of the plenary... read more »

As we expected when we reported that the Delaware AG got into the foreclosure fray (Delaware not being a judicial state), it was only a matter of time before foreclosures would be halted in all 50... read more »

The Commerce Department recently announced that housing starts rose 10.5% last month to an adjusted annual rate of 598,000, giving positive price support to the SPDR S&P Homebuilders ETF (NYSE:... read more »

Forecasting market moves is always a challenge, but the recent months have been especially difficult.  I see three reasons: Fundamental data have not provided a clear direction.  This is... read more »