Housing Market

Tyler Durden's picture

Global Stocks, U.S. Futures Slide As Oil Resumes Drop, China Stocks Tumble Most In One Month





The last trading week of 2015 begins on a historic precipice for stocks: as reported over the weekend, the U.S. stock market has not been lower for any year ending in a “5? since 1875. That streak is now in jeopardy, because following Thursday's shortened holiday session which ended with an abrupt selloff, the overnight session has seen continued weakness across global assets in everything from Chinese stocks which tumbled the most since November 27, to commodities (WTI  is down 2.5%) to European stocks (Stoxx 600 -0.4%), to US equity futures down 0.4% on what appears to be an overdue dose of Santa Rally buyers' remorse.

 
Tyler Durden's picture

Guest Post: Has There Ever Been A More Selfish Generation?





Because we squandered our opportunity to correct our own problems, our problems shall be our legacy. It’s wretched how dumb we are in our greed to have everything right now in the cheapest way possible and how willing we are to force the debts of that consumption upon our grandchildren and to pretend that won’t hurt them. We live in economic denial.

 
Tyler Durden's picture

The Number Of Young Adults Living With Their Parents Has Never Been Higher (But It Could Be Worse)





Three years after 2012, Goldman has finally admitted that all the talk about a major exodus of your Americans from parental houses and into the harsh crony capitalist world, was nothing but hot air. As the chart below shows, the share of 18-34-year-olds living with their parents has never been higher.

 
Tyler Durden's picture

This Is Canada's Depression: Surging Crime, Soaring Suicides, Overwhelmed Food Banks "And The Worst Is Yet To Come"





The news out of Canada - and especially out of Alberta, the heart of the country's oil patch - has just gone from disturbing to downright terrifying. 

 
Tyler Durden's picture

The Big Short: "Every American Should See This Movie & Be F##king Pissed Off"





"This is a dangerous movie for Wall Street, the government, and the establishment in general. ... cuts through the crap and reveals those in power to be corrupt, greedy weasels who aren’t really as smart as they want you to think they are. The finale of the movie is sobering and infuriating."

 
Tyler Durden's picture

"Canadians Should Be Concerned" As Energy Sector Job Losses Spike To 100,000 This Year





It's grim up north... and getting grimmer. Amid soaring suicide rates, Canada's once-booming oil patch is rapidly accelerating its downward trajectory. "Canadians should be concerned in times like these," warned Tim McMillan, president and chief executive of the Canadian Association of Petroleum Producers, noting that the oil and gas sector will see 100,000 job losses by the end of this year. Apart from the protracted price declines, Alberta’s oil and gas sector has also had to contend with a 20 per cent hike in corporate taxes, increased provincial royalties, a carbon tax and new regulatory policies to limit rein in carbon emissions... and now a new competitot from US exports.

 
Tyler Durden's picture

Futures Rise, Drop, Then Rise Again In Illiquid Session After China Promises More Stimulus





It has been a seesaw session with U.S. stock index futures following their dramatic buying burst in the last half hour of market trading yesterday by first rising, then falling, then rising again alongside European equities both driven almost tick for tick with even the smallest move in the carry trade of choice, the USDJPY, even as Asian shares trade near intraday highs after China’s leaders signaled they will take further steps to support growth.

 
Tyler Durden's picture

The Fed Never Solved The Mystery Of The "Missing Inflation", And Now It Has A Big Problem





"The trouble is that rents are running high not because house prices are booming and/or construction is sawing but because structurally new entrants to the housing market are renters not owners. This is reflected in the very low first time homebuyer rate, less than 30 percent."

 
ilene's picture

Sticker Shock: Fed to Hike Rates First Time in NINE Years!





China did everything it could to prevent a collapse and it still happened.  How do you think other countries will do?

 
Tyler Durden's picture

Frontrunning: December 16





  • Fed Poised to Mark the End of an Era (Hilsenrath)
  • Fed opens meeting to put an end to crisis era policy (Reuters)
  • Fed's Historic Liftoff and Everything After: Decision Day Guide (BBG)
  • Emerging Markets Gird for Fed Rate Increase (WSJ)
  • What 7 Years at Zero Rates Have Looked Like (BBG)
  • 5 Things to Watch at the Fed Meeting (WSJ)
 
Tyler Durden's picture

Global Stocks, US Futures Greet Historic Fed Day With Euphoria





The day has come when the boxed-in Fed has no choice: with the vast majority of the market expecting a rate hike, Yellen has to deliver or suffer a crushing confidence blow like no other. And deliver she will, with expectations that said hike will be "as dovish as possible." For now however, the market is desperate to convince itself that just as more easing and more QE were bullish for the market, so rate hikes are just as bullish. Recall from late 2013: "tapering is not tightening," then the 2015 version of this refrain is "tightening is not tightening."

 
Tyler Durden's picture

Which President Has Received The Most "Charity" From The Fed?





If you’re an observer of the political aspect of the Fed policy, you’re likely aware that central bankers like to stay out of the spotlight.  Spotlight creates political pressure, something Fed technocrats publicly dislike. But in connecting Federal Reserve interest rate policy since the 1950s with inflation and employment conditions, some interesting results materialize. Of the interesting findings is that the Fed has presidents it wants to be tough on and presidents it likes to show charity to.

 
Tyler Durden's picture

Futures Surge, Oil Rebounds As Fed Starts Historic Two-Day "Rate Hike" Meeting





The start of the Fed's most eagerly awaited two-day policy meeting in years has finally arrived with the market expecting Yellen to announce the first 25 bps rate hike in 9 years tomorrow with nearly 80% probability, and so far US equity futures are enjoying a last minute relief rally, while emerging market stocks rose for the first day in ten after the longest losing run since June. Europe's Stoxx 600 Index has also rebounded from a five-day losing streak, the worst in over four months.

 
Syndicate content
Do NOT follow this link or you will be banned from the site!