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May 24, 2007 at 10:29 AM in reply to: Home Sales Soar by Record Amount . . . Are you kidding me? #54741May 24, 2007 at 10:29 AM in reply to: Home Sales Soar by Record Amount . . . Are you kidding me? #54755
HereWeGo
ParticipantLooks like the regional numbers were misreported at first.
Here are the new numbers:
The strength in sales was led by a 27.8 percent surge in the South. Sales were also up in the West by 8.5 percent and in the Northeast, where they rose 3.8 percent.
Sales fell in the Midwest, dropping by 4 percent.
That’s more sane, I guess. I’d love to know how the numbers broke down on a state-by-state basis in the “South”
May 24, 2007 at 8:41 AM in reply to: Home Sales Soar by Record Amount . . . Are you kidding me? #54694ParticipantJust a weird report. Up 45% in the NE, down 28% in the MW, down 25% in the W? The median fell 11%? Doesn’t it seem those numbers are an order of magnitude off from reasonable m-o-m numbers?
May 24, 2007 at 8:41 AM in reply to: Home Sales Soar by Record Amount . . . Are you kidding me? #54709ParticipantJust a weird report. Up 45% in the NE, down 28% in the MW, down 25% in the W? The median fell 11%? Doesn’t it seem those numbers are an order of magnitude off from reasonable m-o-m numbers?
ParticipantTomorrow could be interesting. The new housing data is likely worse than “market expectations”, coupled with Greenie’s comments, coupled with near universal expectation of some sort of correction … there could be a sell-off that affects the Chinese much as they affected the US back in February, no doubt about it. Long term, though, the Chinese government is flush with cash and Chinese citizens have enormous savings. It may take a while for that market to ultimately stabilize, barring some seriously contractionary monetary policy.
ParticipantTomorrow could be interesting. The new housing data is likely worse than “market expectations”, coupled with Greenie’s comments, coupled with near universal expectation of some sort of correction … there could be a sell-off that affects the Chinese much as they affected the US back in February, no doubt about it. Long term, though, the Chinese government is flush with cash and Chinese citizens have enormous savings. It may take a while for that market to ultimately stabilize, barring some seriously contractionary monetary policy.
ParticipantWho’s the insurer? You know they’ve dispatched a swarm of arson investigators.
ParticipantWho’s the insurer? You know they’ve dispatched a swarm of arson investigators.
ParticipantI agree with Chris — sideways, floating in a band around $675 or so. Gold investment demand is small compared to jewelry demand and industrial demand. Jewelry demand, in particular, seems to have set a ceiling of $700
ParticipantI agree with Chris — sideways, floating in a band around $675 or so. Gold investment demand is small compared to jewelry demand and industrial demand. Jewelry demand, in particular, seems to have set a ceiling of $700
ParticipantIf you’re willing to take on risk and throw in another 5K, you could head over to Direxion. Those fellas are AGGRESSIVE.
ParticipantIf you’re willing to take on risk and throw in another 5K, you could head over to Direxion. Those fellas are AGGRESSIVE.
Participantbean-
Actually, if you go to money.msn.com, you can get the top 25 holdings of a fund. I wouldn’t try to match, but it’s nice to have the extra bit of research before buying.Participantbean-
Actually, if you go to money.msn.com, you can get the top 25 holdings of a fund. I wouldn’t try to match, but it’s nice to have the extra bit of research before buying.ParticipantI’ve believed for some time that Q2 2007 would be the opening act for the housing downturn.
Now the question is, how is the default risk truly distributed? How is the risk dispersed?
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