Burning Down the House...
Housing Starts tipsy at 177k vs 198k... last leg of U.S. 'recovery' (holds in laughter) breaks, 'foot fault', there's gonna be a 'double fault' with the New Home Sales figure, can you say 'default'? When the ratio of Mexicans per Household(MPH) drops to 10:1 from 20:1 in a single year, you know you've lost another loan to Ditech... a sharp rise in automobile sales will of course hedge the housing fallout next year... 'hop in my Chrysler it's as big as whale... and it's about to set sail...'
1 Comments:
Terrific Stuff, Lockheed (or should I call you somthing else?).
Nothing I was entirely unaware of, but I don't have the patience to properly explain datapoints (except when they're hedonically adjusted, or generated by the fictional "CES birth-death model"... then I crap on for paragraph after paragraph)
Great blog, btw. You echo my view on drugs, but I can't tell whether your view on Zionism is serious. And your trading horizon is actually longer than mine (my personal S&P trades tend to last 5-10 minutes, and only get > 20mins if I fuck up).
Cheers,
GT.
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