Consumer Credit increases slightly in April
The Federal Reserve reports: Consumer credit increased at an annual rate of 1/2 percent in April 2010. Revolving credit decreased at a...

Arms Index at Extremes . . .
Dick Arms notes that his eponymous index is at rare and extreme levels. In the past, these have been associated with buying opportuniti...

Dick Arms: TRIN (Arms Index) at Extreme Levels
Dick Arms has spent nearly half a century following, trading and writing about Stock Markets. Best known for his Arms Index, or TRIN,...

Home Sales Collapse w/o Government Support
The two big overhangs to the economy remain jobs and housing. As the chart below makes clear, without extensive government subsidies, t...

The Sarah Palinization of the financial crisis (cont'd)
Since my last post, venting over those who blame the financial crisis on the government policies to help low-income people, Raghuram ...

Private Sector 'Make Work' Jobs?
Maxine Udall:Private Sector Make Work Jobs?, by Maxine Udall: Aprivate sector-inflated housing bubble resulted in a huge excess of ho...

Iran Ups the Ante (712966)
As we and many others have written, the freedom flotilla, the Rachel Corrie, etc., are all about Iran's effort to supply rockets and ...

Gold Prices Have a Long Way to Go Before Reaching Bubble Territory
Gold prices closed at $1,219.10 an ounce Friday in New York. Some gold bulls are foreacasting prices may go above $5,000. They may be ...

Fannie Mae's Duncan: Home-building industry to be tested until early 2013
Some comments from Fannie Mae chief economist Douglas Duncan ...From Greta Guest at Freep.com: Douglas Duncan, chief economist for Fann...