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June 30, 2009 at 6:56 PM in reply to: San Diego Home Sales about to be revised downward BIGTIME (89% to 6.5% increase in May) #422972June 30, 2009 at 6:56 PM in reply to: San Diego Home Sales about to be revised downward BIGTIME (89% to 6.5% increase in May) #423248
Rich ToscanoKeymaster[quote=jmail]Any one know if this will impact the Case-Shiller data?[/quote]
No, it will not.
This only affects the CAR reports, which nobody (apparently) pays attention to anyway.
Rich
June 30, 2009 at 6:56 PM in reply to: San Diego Home Sales about to be revised downward BIGTIME (89% to 6.5% increase in May) #423316Rich ToscanoKeymaster[quote=jmail]Any one know if this will impact the Case-Shiller data?[/quote]
No, it will not.
This only affects the CAR reports, which nobody (apparently) pays attention to anyway.
Rich
June 30, 2009 at 6:56 PM in reply to: San Diego Home Sales about to be revised downward BIGTIME (89% to 6.5% increase in May) #423477Rich ToscanoKeymaster[quote=jmail]Any one know if this will impact the Case-Shiller data?[/quote]
No, it will not.
This only affects the CAR reports, which nobody (apparently) pays attention to anyway.
Rich
Rich ToscanoKeymasterIt happened at night? 😉
Rich
Rich ToscanoKeymasterIt happened at night? 😉
Rich
Rich ToscanoKeymasterIt happened at night? 😉
Rich
Rich ToscanoKeymasterIt happened at night? 😉
Rich
Rich ToscanoKeymasterIt happened at night? 😉
Rich
May 30, 2009 at 4:21 PM in reply to: The past doesn’t repeat but it Rhymes: Lessons from Japans Financial Crisis #407621Rich ToscanoKeymasterSome aspects of the credit crisis are similar to japans biut with one big difference: they are a net creditor and we are a net debtor. As a predictable result the policy reponses in each case have been vastly different, as decribed in the japan article linked at the upper right of the page.
Rich
May 30, 2009 at 4:21 PM in reply to: The past doesn’t repeat but it Rhymes: Lessons from Japans Financial Crisis #407863Rich ToscanoKeymasterSome aspects of the credit crisis are similar to japans biut with one big difference: they are a net creditor and we are a net debtor. As a predictable result the policy reponses in each case have been vastly different, as decribed in the japan article linked at the upper right of the page.
Rich
May 30, 2009 at 4:21 PM in reply to: The past doesn’t repeat but it Rhymes: Lessons from Japans Financial Crisis #408104Rich ToscanoKeymasterSome aspects of the credit crisis are similar to japans biut with one big difference: they are a net creditor and we are a net debtor. As a predictable result the policy reponses in each case have been vastly different, as decribed in the japan article linked at the upper right of the page.
Rich
May 30, 2009 at 4:21 PM in reply to: The past doesn’t repeat but it Rhymes: Lessons from Japans Financial Crisis #408168Rich ToscanoKeymasterSome aspects of the credit crisis are similar to japans biut with one big difference: they are a net creditor and we are a net debtor. As a predictable result the policy reponses in each case have been vastly different, as decribed in the japan article linked at the upper right of the page.
Rich
May 30, 2009 at 4:21 PM in reply to: The past doesn’t repeat but it Rhymes: Lessons from Japans Financial Crisis #408315Rich ToscanoKeymasterSome aspects of the credit crisis are similar to japans biut with one big difference: they are a net creditor and we are a net debtor. As a predictable result the policy reponses in each case have been vastly different, as decribed in the japan article linked at the upper right of the page.
Rich
Rich ToscanoKeymasterTyping this on the road from my crackberry – let’s see how this goes (haven’t tried it before).
I remember krugman criticizing greenspan in 04 for starting to raise rates TOO SOON. By that time the fed’s prolonged period of super low rates had already caused massive inflation in home prices but krugman was begging for more. The point being that his track record for predicting (or even identifying) the inflationary effects of loose fed policy is poor.
As for his article, its the usual inflation risk-denier stuff and there’s nothing in there that isn’t addressed in my “us govt will not choose deflation” article linked to at the upper right, with the “us not going down japans road” article going deeper into why his japan comparison is erroneous (using data, as opposed to krugman’s generalizations which imply, wrongly, that japan’s policy response was similar to ours).
Rich
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