Weighing The Week Ahead: Will Consumers Step Up - Especially On Housing? [View article]
I'm wondering too. If more people see stocks as being a bit more "safe", they may be more inclined to jump in. The law of supply and demand points to higher equity prices, in theory. In theory only. Your premise is equally probable.
Priced in gold, the median single-family home is down 74% from its 2001 peak. But since making new 32 year lows last year, the gold-metered single-family home price has just broken above its eight-year, downward sloping trend channel. (Chart of the Day) [View news story]
OK forget Tide. You made me do some googling:
% increase between 1930 and 2008 New Home 6112% Loaf of bread 3000% Wages 1957% Gold 4122% (a 7500% increase for 2012 gold)
Homes are a heck of a lot bigger now and contain a lot more stuff. We all have a lot more stuff - which makes the wage number a little nonsensical.
Priced in gold, the median single-family home is down 74% from its 2001 peak. But since making new 32 year lows last year, the gold-metered single-family home price has just broken above its eight-year, downward sloping trend channel. (Chart of the Day) [View news story]
Why generic vodka, it's the end of mankind - Splurge!!
Weighing The Week Ahead: Will Consumers Step Up - Especially On Housing? [View article]
But there are plenty of people out there who do have good jobs and can afford homes. Don't just look at the under and unemployed. Two 26 yr olds just bought a $260K house next to me. This is their second home. He's an engineer and she's in the medical field. There are a lot like them out there.
Priced in gold, the median single-family home is down 74% from its 2001 peak. But since making new 32 year lows last year, the gold-metered single-family home price has just broken above its eight-year, downward sloping trend channel. (Chart of the Day) [View news story]
That's since its peak, what is it compared to let's say 1900. Just looked it up. The index is below 1900, but, cherry picking dates, above 1980.
Facebook (FB) Chief Executive Mark Zuckerberg has cut his annual pay to $1, according to an SEC filing. Zuckerberg’s compensation, excluding stock grants, was $2M in 2012. His base pay was $503K. At the time of the IPO last year, Zuckerberg exercised options on 60M shares, then sold about 30M shares to cover taxes on the gains. [View news story]
Neighbor likes to tell the world when her husband is traveling leaving her alone with her two daughters via Facebook.
Facebook (FB) Chief Executive Mark Zuckerberg has cut his annual pay to $1, according to an SEC filing. Zuckerberg’s compensation, excluding stock grants, was $2M in 2012. His base pay was $503K. At the time of the IPO last year, Zuckerberg exercised options on 60M shares, then sold about 30M shares to cover taxes on the gains. [View news story]
More on Discover Financial (DFS) Q1 earnings: Discover card sales volume +4% Y/Y. 30-day delinquency falls to a record low 1.77%, off 33 bps Y/Y. Net interest margin of 9.39%, up 30 bps Y/Y thanks to lower funding costs. Reserve release of $154M vs. $274M a year ago. Expenses of $75M, up 12% Y/Y due to higher compensation costs. Shares +2.3% premarket. (PR) [View news story]
New wave of foreclosures? Four month inventory of homes on the market below historical six month supply?
Weighing The Week Ahead: Will Consumers Step Up - Especially On Housing? [View article]
Weighing The Week Ahead: Will Consumers Step Up - Especially On Housing? [View article]
Weighing The Week Ahead: Will Consumers Step Up - Especially On Housing? [View article]
Priced in gold, the median single-family home is down 74% from its 2001 peak. But since making new 32 year lows last year, the gold-metered single-family home price has just broken above its eight-year, downward sloping trend channel. (Chart of the Day) [View news story]
% increase between 1930 and 2008
New Home 6112%
Loaf of bread 3000%
Wages 1957%
Gold 4122% (a 7500% increase for 2012 gold)
Homes are a heck of a lot bigger now and contain a lot more stuff. We all have a lot more stuff - which makes the wage number a little nonsensical.
Priced in gold, the median single-family home is down 74% from its 2001 peak. But since making new 32 year lows last year, the gold-metered single-family home price has just broken above its eight-year, downward sloping trend channel. (Chart of the Day) [View news story]
Weighing The Week Ahead: Will Consumers Step Up - Especially On Housing? [View article]
Weighing The Week Ahead: Will Consumers Step Up - Especially On Housing? [View article]
Weighing The Week Ahead: Will Consumers Step Up - Especially On Housing? [View article]
Priced in gold, the median single-family home is down 74% from its 2001 peak. But since making new 32 year lows last year, the gold-metered single-family home price has just broken above its eight-year, downward sloping trend channel. (Chart of the Day) [View news story]
Weighing The Week Ahead: Will Consumers Step Up - Especially On Housing? [View article]
April Nonfarm Payrolls: +165K vs. consensus +145K, 138K previous (revised from +88K). Unemployment rate 7.5% vs. consensus 7.6%, 7.6% previous. [View news story]
Facebook (FB) Chief Executive Mark Zuckerberg has cut his annual pay to $1, according to an SEC filing. Zuckerberg’s compensation, excluding stock grants, was $2M in 2012. His base pay was $503K. At the time of the IPO last year, Zuckerberg exercised options on 60M shares, then sold about 30M shares to cover taxes on the gains. [View news story]
Facebook (FB) Chief Executive Mark Zuckerberg has cut his annual pay to $1, according to an SEC filing. Zuckerberg’s compensation, excluding stock grants, was $2M in 2012. His base pay was $503K. At the time of the IPO last year, Zuckerberg exercised options on 60M shares, then sold about 30M shares to cover taxes on the gains. [View news story]
Initial Jobless Claims: -16K to 339K vs. 350K consensus, 355K prior (revised). Continuing claims -93K to 3.00M. [View news story]
More on Discover Financial (DFS) Q1 earnings: Discover card sales volume +4% Y/Y. 30-day delinquency falls to a record low 1.77%, off 33 bps Y/Y. Net interest margin of 9.39%, up 30 bps Y/Y thanks to lower funding costs. Reserve release of $154M vs. $274M a year ago. Expenses of $75M, up 12% Y/Y due to higher compensation costs. Shares +2.3% premarket. (PR) [View news story]