Archive for May, 2015

Swede Has Had Enough

May 28, 2015 5:26 pm
Swede Has Had Enough

A Swedish man reached the absolute end of what he can take anymore and profanely complains about Swedish politicians. The man is the founder of a new political party called Riksdemokraterna. Warning: graphic language. Link if video does not play: Swede Has Had Enough My comment: Beggar-thy-neighbor policies, deflationary conditions, […]

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NAR: Pending Home Sales Index increased 3.4% in April, up 14% year-over-year

2:14 pm
NAR: Pending Home Sales Index increased 3.4% in April, up 14% year-over-year

From the NAR: Pending Home Sales Climb in April to Highest Level since May 2006 Pending home sales rose in April for the fourth straight month and reached their highest level in nine years, according to the National Association of Realtors®. Led by the Northeast and Midwest, all four major […]

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US alarm bells against new China syndrome

9:47 am
US alarm bells against new China syndrome

US alarm bells as Asian power blames ‘grave and complex array of security threats’ for bolder military stance.   A Dolphin Z-9 helicopter from the Chinese missile frigate Yulin lands on the Singapore Navy’s Intrepid during the two states’ joint ‘Exercise Maritime Co-operation 2015’ this week. Photo / AP China’s […]

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Shocking video ads in Chile ignite debate about abortion ban

9:42 am
Shocking video ads in Chile ignite debate about abortion ban

The video shows a woman climbing a stairwell, her belly visibly pregnant, as she offers suggestions: Make sure there are no security cameras. Be careful not to look down or you might regret it. She tumbles backward as the screen goes black. “When you reach the bottom everything will be […]

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Young women seek sisterhood in Isis – not just as “jihadi brides”

9:39 am
Young women seek sisterhood in Isis – not just as  “jihadi brides”

The notion that young women are traveling to Syria solely to become “jihadi brides” is simplistic and hinders efforts to prevent other girls from being radicalized, new research suggests. Young women are joining the so-called Islamic State group for many reasons, including anger over the perceived persecution of Muslims and […]

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$500 Million LA Home – Built on Spec

May 26, 2015 10:40 pm
$500 Million LA Home – Built on Spec

To highlight the enormous and growing income inequality issue, please consider California Dreaming: Record $500 Million Tag on L.A. Home. Nile Niami, a film producer and speculative residential developer, is pouring concrete in L.A.’s Bel Air neighborhood for a compound with a 74,000-square-foot (6,900-square-meter) main residence and three smaller homes, […]

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Regional Manufacturing Comparative Wrap-Up: Empire State, Philly, Kansas City, Richmond, Dallas

7:55 pm
Regional Manufacturing Comparative Wrap-Up: Empire State, Philly, Kansas City, Richmond, Dallas

Two more regional manufacturing reports came out today, from Dallas and Richmond. The Dallas region was the weakest in six years thanks to oil. For details, please see Dallas Fed Manufacturing Index Collapses: Lowest Production Reading in 6 Years, Orders Contract 7th Month, New Orders 5th Month. Comparative Wrap-Up Component […]

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Dallas Fed Manufacturing Index Collapses: Lowest Production Reading in 6 Years, Orders Contract 7th Month, New Orders 5th Month

5:25 pm
Dallas Fed Manufacturing Index Collapses: Lowest Production Reading in 6 Years, Orders Contract 7th Month, New Orders 5th Month

Dallas Fed Manufacturing Index Plunges Below Any Economist’s Estimate Fed manufacturing surveys remain weak at best. Today the Dallas Fed Business Activity Index fell to negative 20.8, well below the bottom end of any Bloomberg  Estimate. Contraction in the energy sector continues to pull the Dallas Fed report into deeply […]

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New Home Sales Bounce From Dismal April Numbers

4:56 pm
New Home Sales Bounce From Dismal April Numbers

New Home Sales Rebound Last month, new home sales fell a very steep 11.4 percent to a 481,000 annual rate. Given the volatile nature of this series one might have expected a bounce in May and sure enough we got one, albeit not enough to wipe out April’s dismal performance. […]

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Comments on New Home Sales

3:43 pm
Comments on New Home Sales

The new home sales report for April was above expectations at 517 thousand on a seasonally adjusted annual rate basis (SAAR). Earlier: New Home Sales increased to 517,000 Annual Rate in April The Census Bureau reported that new home sales this year, through April, were 179,000, Not seasonally adjusted (NSA). […]

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New Home Sales increased to 517,000 Annual Rate in April

2:30 pm
New Home Sales increased to 517,000 Annual Rate in April

The Census Bureau reports New Home Sales in April were at a seasonally adjusted annual rate (SAAR) of 517 thousand. The previous three months were revised up by a total of 5 thousand (SA). “Sales of new single-family houses in April 2015 were at a seasonally adjusted annual rate of […]

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Case-Shiller: National House Price Index increased 4.1% year-over-year in March

1:30 pm
Case-Shiller: National House Price Index increased 4.1% year-over-year in March

S&P/Case-Shiller released the monthly Home Price Indices for March (“March” is a 3 month average of January, February and March prices). This release includes prices for 20 individual cities, two composite indices (for 10 cities and 20 cities) and the monthly National index. Note: Case-Shiller reports Not Seasonally Adjusted (NSA), […]

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Tuesday: New Home Sales, Case-Shiller House Prices, Durable Goods and More

12:31 am
Tuesday: New Home Sales, Case-Shiller House Prices, Durable Goods and More

From Bloomberg: What Would Happen If Greece Doesn’t Pay the IMF: Q&A Q: What will the IMF do? A: A missed payment date starts the clock ticking. Two weeks after the initial due date and a cable from Washington urging immediate payment, the fund sends another cable stressing the “seriousness […]

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ZB review – Spy, Poltergeist and The Imitation Game

May 25, 2015 8:08 pm
ZB review – Spy, Poltergeist and The Imitation Game

ZB review – Spy, Poltergeist and The Imitation Game This week, it’s comedy Spy, Poltergeist and on DVD The Imitation Game. click the TV below to listen — ooooh spooky. http://www.newstalkzb.co.nz/lifestyle/movies/darren-bevan-poltergeist-spy/ http://www.newstalkzb.co.nz/lifestyle/movies/darren-bevan-poltergeist-spy/

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Project Cars: XBox One Review

8:08 pm
Project Cars: XBox One Review

Project Cars: XBox One Review Platform: XBox One Released by Slightly Mad Studios / Bandai Namco “Control, control, you must learn control” An exhortation from my youth as spoken by a Muppet in a space film, but one which is terribly relevant to Project Cars, the massive racer just unleashed […]

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