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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.

Archive for May 23rd, 2008

Homes in inventory

Posted by Sada Mosler on 23rd May 2008

2008-05-23 Homes in Inventory

Homes in Inventory

Looks like a lot of additional homes for sale hit the market all at once.

Posted in Housing | No Comments »

2008-05-23 US Economic Releases

Posted by Sada Mosler on 23rd May 2008


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2008-05-23 Existing Home Sales

Existing Home Sales (Apr)

Survey 4.85M
Actual 4.89M
Prior 4.93M
Revised 4.94M

Looking more and more like a bottoming action.

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2008-05-23 Existing Home Sales MoM

Existing Home Sales MoM (Apr)

Survey -1.6%
Actual -1.0%
Prior -2.0%
Revised -1.8%

A touch better than expected for both March and April.


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Posted in Daily | No Comments »