Mark Moran

California Signaling A Housing Bottom? [Housing Tracker]

A bottom ? I doubt it. And definitely not a turn. Ahhhnold fires 22,000 state workers and temporarily imposed minimum wages on 200,000 more does not suggest a turn in the market. When California learns that not every interaction between employers and employees need be regulated, and not every single dispute should go before a court or arbitration panel, then we'll see a turn.

The Real Cost of the Agency Guarantee

The astonishing about this is how many people saw it coming and have been warning about it for years. Here's a recap of comments by Buffett, WSJ, NYT, et al.

www.findingdulcinea.co...