Entries from May 2010
Here’s a trick question, can you rearrange the seven letters in “new door” to form one word? Well, everyone can, they have the same letters: “new door” and “one word”!
Sometimes things are simpler than they seem, other times not. For example, China’s consumer spending grew at an 8% rate for the last 10 years. But [...]
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Tags: Commentary · Mortgage Market · Rob Chrisman
YOU MUST READ THIS: The Statistic Behind a Mortgage Meltdown – by PAUL JACKSON – Whether you know it or not, you’re looking at a formula that set Wall Street – and global investors, too – up for one of the single largest financial asset bubbles [...]
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Tags: Mortgage Market
CHART OF THE DAY: Inflationistas On Life Support – Vincent Fernando, CFA and Kamelia Angelova - It’s getting pretty hard to argue that America is at risk of high inflation, especially after today’s April consumer price data – Clusterstock at Business Insider ———— [...]
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Tags: Mortgage Market
New Observations is forecasting that a minimum of one in ten homes with a mortgage today will be lost to foreclosure in the next two years and that this loss represents a staggering five-million-unit addition to inventory-for-sale. A record high 4.63% of mortgages were in [...]
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Tags: Mortgage Market