Category Archives: Uncategorized

Demand for Saudi crude continues

The Saudis continue to post prices for their refiners and let them buy all they want at the posted prices. So far the lower price settings haven’t resulted in an increase in demand for Saudi oil, so they are free … Continue reading

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Mtg purchase applications fall even further

This continuing decline is particularly troubling as cash buyers are also on the decline, and home sales are already at severely depressed levels by any measure. Furthermore, prices have also been falling month to month, and the year over year … Continue reading

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Capital goods orders and shipments

In 2012 the trajectory shifted to a slower pace where it’s remained. No acceleration here: The pace of actual shipments, however, moved up some, which is exactly what happened in the last cycle just as the economy went into recession, … Continue reading

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Home prices and durable goods softening

Housing prices inching down month over month and industrial production showing weakness as well.

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Pending Home Sales

Same story, mortgage purchase apps down and cash sales down keeps total sales low: Pending Home Sales Index

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This Wasn’t Supposed To Happen

Who would’ve thought? ;) This Wasn’t Supposed To Happen

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WRKO interview

Warren Mosler on the Economy

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Warren Mosler again on RT America

#BoomBust with @ErinAde & @Edwardnh: @PCraigRoberts on corporatism and @wbmosler on the economy [VIDEO] http://t.co/WUgEOe9VAJ — RT America (@RT_America) October 2, 2014

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Household incomes

>    >   (email exchange) >    >   On Thu, Oct 2, 2014 at 3:36 PM, wrote: >    >   I feel like you can officially say “Told ya so” >    Thanks! And that’s household income- generally 2 people working! Incomes are much lower than you … Continue reading

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Euro lending to households contracts for 28th month

Weak euro zone lending data underscores need for ECB stimulus By Eva Taylor Sept 25 (Reuters) — Lending to euro zone households and companies contracted for the 28th month in a row in August, though at a slower pace, putting … Continue reading

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