Housing Prices

Cheat Or Chump? - You Are Not An Investor

"You are not an investor. One can only be an investor in functioning markets. There have been no functioning markets since at least 2008, and probably much longer. That’s when central banks started purchasing financial assets, for real, which means that is also the point when price discovery died. And without price discovery no market can function."

Financial Market Insurance Is Not Like Hurricane Insurance

"..the hurricane is not more or less likely to hit because more hurricane insurance has been written. In the financial markets this is not true. The more people write financial insurance, the more likely it is that a disaster will happen, because the people who know you have sold the insurance can make it happen. So you have to monitor what other people are doing.”

What Makes Millennials Disturbingly Different?

In stealth fashion millennials are rapidly transforming society...The era of the US economy sustaining itself via consumption may die as the Millennials become the economy! Their motivations and expectations are completely different than any prior generation and the changes will be profound.

Trader Warns Of Week Ahead Event Risk: "If You Thought This Week Was Bad..."

It was a week when the world was supposed to come to an end, notes Bloomberg's Richard Breslow, but then it didn’t... However, next week’s big events include a meeting between the Chinese and American presidents. Don’t underestimate the importance of it or the market interest it will garner.

These Are The Best And Worst U.S. Cities To Own A House

At the top, with annual price increases of 10% or more, we find the usual west coast (and thus closest to China) suspects: Seattle and Portland, followed close behind by Denver and Dallas, which appears to be enjoying the recent revival in shale.

Global Stocks, US Futures Slide Spooked By G20 Protectionist Shift; Dollar Drops For 4th Day

Global markets start the week mixed with Asian stocks rising (Japan was closed for holiday), European stocks sliding, weighed down by declines in oil-and-gas shares and banks, and S&P500 futures also down. The dollar fell to a six-week low, falling four days in a row for the first time since early November as G20 leaders scrap a long-standing commitment to reject all forms of trade protectionism.

Is The Snapchat IPO Proof Of A Tech Bubble?

The worrying comparison with the 2000-peak should be writing on the wall, a warning that the policies like those of the Fed aren't really healing wounds - they're simply creating another bubble.

16 Reasons Not To Live In California

 It has been said that "as California goes, so goes the nation."  That is why it is such a shame what is happening to that once great state...