I have said in the past that I wish I were Diana Olick from CNBC. She made herself a nice little career reporting on housing’s demise. So it should be very interesting watching how she… Read More
I was thinking back on when Katrina released her wrath on the city of New Orleans and the South. I distinctly remember thinking, “What? The whole city of New Orleans is under water? How can… Read More
Two men and a woman have to cross a raging river. If they try to cross, they will surely perish. Suddenly a voice from heaven says “I will grant you each one wish”. The first… Read More
For those waiting for someone to say the worst is over, let me be the first to say it: “The worst is over!”. Bold statement? Perhaps. Inaccurate? Not so much. For those of you who… Read More
Ok, so maybe I’d like to have Diana Olick’s job at CNBC and maybe I wouldn’t. Diana, for those who don’t know, is the real estate reporter for financial news channel CNBC. Diana’s role at… Read More
CNBC reporter Diana Olick blogged today that a poll came out reporting a general consensus amongst housing experts that the market would remain struggling through 2011. Wow, now there’s a news flash. The predictions are… Read More
For those of you that have been following this blog, you’ll recall a couple of weeks ago I suggested that QE2 would either cause rates to go down or cause them to go up, so… Read More
I watched the most insightful interview on CNBC today. It was an interview with Jeremy Grantham, and investment adviser and someone, if you had to look to for crystal ball-like predictions, you would be fairly… Read More
The number I like to watch most closely is the Pending Home sales as reported by the National Association of Realtors (NAR). This number reflects the homes that have entered contract, rather than those that… Read More
One of the things economists love to do is make predictions. Two of the most respected economic analysts, Abby Joeseph Cohen of Goldman Sachs and Lackshman Achuthan of the Economic Cycle Research Institute have independently… Read More
