home prices
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9/22/10 Midevening Report: Market down as Bernanke’s mixed signals cause it to question whether he “likes” or “like likes” it
The market was up briefly in the morning before investors could pull themselves away from watching NSFW art films (and Money McBags does not know the plot of that film but believes it is about the unbelievably wonderful place people in heaven go to after they die in heaven) and realize that the emperor has…
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9/15/10 Midevening Report: S&P hits 5 week high even as macro data tries to hold an intervention
The market was up again today as Europe remains solvent and investors ignore macro data and instead focus on how they can become race car drivers. In economic news, production in the US slowed as automakers held back on churning out new cars due to a little something called a consumer fucking recession. Not only…
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2/23/10 Midafternoon Report: Consumers are very confident in the economy getting shittier
The market has hit a speed bump today as consumer confidence fell to its lowest level in 10 months. Consumers are now less confident than a slightly overweight 16 year old girl with bad acne and a spastic colon on her first day in a new school. The confidence index dropped to 46, which is…
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1/25/10 Midday Report: Bernanke likely to get bipartisan support despite claiming he doesn’t swing that way
The market is trying to rally after last week’s sell off which was caused by Obama letting Paul Volcker threaten to open up a can of whoop ass on the banking system, the senate seemingly hedging on reaffirming Ben Bernanke as Chairman of the Federal Reserve proving once and for all that the Senate is…
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12/23/09 Midday Report: Consumer confidence rises enough to spur consumers to still not buy new houses
Another day and more mixed data so Bulls and Bears can both rejoice (Yay!!! Things are getting better and Yay!! Things are staying crappy. See we can all get along, you hear that Israel and Palestine and Tiger and Elin?). US consumer confidence rose to 72.5 according to the Michigan Consumer Sentiment Index, though it…