It’s a quiet holiday Monday at Doom Castle, and most of us are out enjoying the nice weather, baseball, stock car racing, anything but housing and mortgage finance. We’ll just be in and out, but the Reply window is always open. As soon as something interesting pops up this week, we’d love to hear about it.
The markets will be in full flight again on Tuesday, and perhaps the S&P record will fall in the next few days. Who knows what the story of this next week will be?
As always, this post is for you.
© Copyright 2012 Housing Doom | Copyright© 2011, AuthentiCraft, Inc.
ATA Truck Tonnage Index Falls 2.2 Percent in April
http://www.truckline.com/NR/exeres/682A9991-69BF-4D3E-9B7F-6475466984D9.htm
China’s Olympian stock-market sprint / juback
http://articles.moneycentral.msn.com/Investing/JubaksJournal/ChinasOlympianStockMarketSprint.aspx?page=1
Futures: The Easiest Way to Play the Yen Carry Trade / Rodger Rafter
http://rebalancing.blogspot.com/2007/05/futures-easiest-way-to-play-yen-carry.html
Short Sales Break Record on NYSE; Market Bulls Get More Bullish
http://www.bloomberg.com/apps/news?pid=20601087&sid=ahMn3AUnD_CY&refer=home
Tishman, Lehman May Buy Archstone for $12 Billion, People Say
http://www.bloomberg.com/apps/news?pid=20601087&sid=aJb9C9ARWONU&refer=home
Home Construction Bust May Last Until 2011, U.S. Builders Say
this is the same guy that said just 18 month ago there wion´t be problems……
http://www.bloomberg.com/apps/news?pid=20601087&sid=aKQoeHb1MraI&refer=home
U.S. home prices fall for first time in 15 years
http://www.marketwatch.com/news/story/us-home-prices-fall-first/story.aspx?guid=%7B59A3F5AF%2DF0CD%2D4605%2D96D0%2D7AB199CEC681%7D
Bush on Global Warming / bush
http://immobilienblasen.blogspot.com/2007/05/bush-on-global-warming.html
twist -
This just in. Any guesses which development this is?
“U.S. Home Construction Bust May Last Until 2011″, by Bob Ivry and Brian Louis, Bloomberg, May 29, 2007.
China Stocks plummet after stamp tax hike
http://www.chinadaily.com.cn/china/2007-05/30/content_883249.htm
To the Barricades! Property Taxes Spur Revolts:
http://www.bloomberg.com/apps/news?pid=20601039&sid=aW_n5gqdufVI&refer=home
peter schiff on chinas stock market / bloomberg interview
this interview was shot yesterday before the 7% plunge just after the Chinese announced the trading tax increase…. the interview is more about the yuan and how the $ is toast… nice rant
http://tinyurl.com/2rora8
Taxpayers on the hook for $59 trillion
http://housingpanic.blogspot.com/2007/05/pigs-fly-alert-usatoday-front-page.html
A financial lesson from the jungle / a must see clip!!!!!!!!
http://investmentpostcards.wordpress.com/2007/05/28/a-financial-lesson-from-the-jungle/
hat tip to barry ritholtz
Housing Slump, Crackdown Cut Flows, Hurt Mexican Peso
http://www.bloomberg.com/apps/news?pid=20601109&sid=aUg9vSpGzzWg&refer=home
Jan-Martin (comment #15) -
Looks like our brothers to the South could use a bit of disengagement too.
Luminent Mortgage Capital Provides Seasoned Loan Level Credit Performance Relative to Alt-A Industry Metrics
hat tip aaron
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/05-29-2007/0004597077&EDATE=
U.K. Home-Loans Drop as Credit Reaches Decade-Low
http://www.bloomberg.com/apps/news?pid=20601087&sid=alD34aOtCLP0&refer=home
Jan-Martin (comment #17) -
Doom was actually first up with Luminent’s extraordinary press release. Aaron’s Implode-O-Meter team spent a considerable time analyzing the amazing comparison charts of Alt-A industry delinquency experience before deciding to post the link. Here’s their take …