OptionManiac

OptionManiac
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  • Nonfarm employment growth lower than expected in August  [View news story]
    Compare this economic recovery to Reagan's and you may change your mind.
    Sep 2, 2015. 10:50 AM | 1 Like Like |Link to Comment
  • ISM Manufacturing below estimates for August  [View news story]
    Horrible? Still denotes expansion.
    Sep 1, 2015. 10:22 AM | 2 Likes Like |Link to Comment
  • Alibaba, Baidu, others slump after Beijing suspends big stock purchases  [View news story]
    And another explosion in a chemical warehouse district. There is a reason for some regulations.
    Aug 31, 2015. 03:14 PM | 2 Likes Like |Link to Comment
  • Alibaba, Baidu, others slump after Beijing suspends big stock purchases  [View news story]
    You can't begin to compare the two countries.
    Aug 31, 2015. 02:24 PM | 4 Likes Like |Link to Comment
  • To hike or not - that is the question  [View news story]
    Agree. And Brainleft - stock buybacks do nothing to when it comes to hiring.
    Aug 31, 2015. 07:54 AM | Likes Like |Link to Comment
  • Fischer: Global developments may have killed Sept. rate hike  [View news story]
    Ha! I bought my first house at 13.5% mortgage rates, and they were still selling like hotcakes.
    Aug 29, 2015. 06:30 PM | 8 Likes Like |Link to Comment
  • Report: Keystone XL rejection could come by Labor Day weekend  [View news story]
    Exactly, why do we need it?
    Aug 27, 2015. 01:20 PM | 1 Like Like |Link to Comment
  • U.S. railroad traffic down 1% YTD  [View news story]
    Oil is also hauled by rail.
    Aug 27, 2015. 11:28 AM | 2 Likes Like |Link to Comment
  • Initial Jobless Claims at 277K  [View news story]
    SivBum-

    Bought my first house at 13% interest rates. And yes, I have kids in their 30's and one just bought a place in Chicago - and he is still on the tail end of his school loan. I work with a kid who makes <$40K, he bought a house. Not all that gloomy out there.
    Aug 23, 2015. 07:59 PM | Likes Like |Link to Comment
  • CPI slows down in July  [View news story]
    Why would China stop manufacturing? Why would they idle millions of workers?
    Aug 20, 2015. 11:35 AM | Likes Like |Link to Comment
  • Initial Jobless Claims at 277K  [View news story]
    Report out says over 40% of jobs created since the great recession pay > than $53K.
    Aug 20, 2015. 09:10 AM | 4 Likes Like |Link to Comment
  • CPI slows down in July  [View news story]
    Green Elmo - that is why there is little or no inflation.
    Aug 19, 2015. 10:59 AM | 1 Like Like |Link to Comment
  • CPI slows down in July  [View news story]
    The point of money printing was to shore up banks and the economy. Obviously, it did not directly effect inflation. Inflation needs a shortage of goods and a shortage of labor. At this point, we have neither. The only way the Fed can create jobs is to pour money into government labor. The Fed cannot create good paying jobs by just giving money to corporations at zero cost, they will not hire unless they need to. they prefer to sit on the cash. IMHO, good paying jobs stoke inflation. That being said, a report out yesterday stated that over 40% of the jobs created since the great recession paid over $53K. Spending has changed?
    Aug 19, 2015. 10:32 AM | 2 Likes Like |Link to Comment
  • Homebuilders set for more gains on strong housing starts print  [View news story]
    I guess it all depends on where you live.
    Aug 18, 2015. 01:49 PM | Likes Like |Link to Comment
  • Homebuilders set for more gains on strong housing starts print  [View news story]
    The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 5.3% of all loans outstanding at the end of the second quarter of 2015, according to the Mortgage Bankers Association.

    This was the lowest level since the second quarter of 2007. The delinquency rate decreased 24 basis points from the previous quarter, and 74 basis points from one year ago.

    The delinquency rate includes loans that are at least one payment past due but does not include loans in the process of foreclosure. The percentage of loans in the foreclosure process at the end of the second quarter was 2.09%, down 13 basis points from the first quarter and 40 basis points lower than the same quarter one year ago.
    Aug 18, 2015. 10:17 AM | 1 Like Like |Link to Comment
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