The latest data from Zillow indicate that American homes will have lost more value by the end of this year than they did in 2009 – down a total of $1.7 trillion in 2010 vs. a $1 trillion decline a year ago. Richard Florida produced a helpful chart of the […]
“Two grams, which that means (sic) it costs over a hundred dollars… People love it!” Sigh… The AP reporter only says the pricing is “based on market value.” Wouldn’t you think she’d actually, you know, take a look at that market value? Let’s see, if they’re selling 10 grams for $482 […]
From The Economist, an interactive chart on when GDP in China will rise above America’s – you set the growth, inflation and exchange rate. The presets here are the ‘best guess’ from the editors at The Economist:
Do you own a power drill? Are you not a professional handyman? So here’s the deal: pulling the trigger on your wireless, 2-speed, high-torque Bosch does feel awesome, but on average that bad boy gets a grand total of just 12 minutes of use in its entire lifetime. If you could safely […]
Tom Morgan of Money.co.uk has a new graphic timeline called Tracking the Global Recession. One unique aspect of it: By using the links alongside each headline, you can find more detail about that particular event – however, rather than use traditional news sources, we’ve linked to quality blogs that reported on […]
The good folks at GOOD have produced this graphic to show government subsidies for different energy sources: The goal, as GOOD describes it, is to show how government policies “favor some types of energy over others, giving our country a skewed sense of what each gallon of gas or wind-powered […]
The Bottom-Up Analysis Agg model managed by Epic Advisors is the result of financial analysis and market timing. The model is a combination of day trading positions and core positions that are held until the stock reaches intrinsic fair value. The goal for market timed day trades is a return […]
According to the Department of Housing and Urban Development, new residential construction rose 3.9 percent in November. Unfortunately, this was not enough to help us compete with November 2009 levels which we are still 5.8 percent below. Building permits for private homes were also increased, a total of 4 percent […]
According to the U.S. Census Bureau, the trade deficit dropped 13 percent–from $44.6 billion in September to $38.7 billion in October. The report (which you can view here) illustrates this increase in demand for U.S. goods, but also shows that the gap between imported goods and exported goods is still […]
The Labor Department’s Weekly Claims Report for initial unemployment claims showed that claims decreased by 17,000 last week. This was an encouraging development given all the concern about employment—or the lack thereof—during recent weeks after the unemployment rate was raised to 9.8 percent and initial jobless claims rose last week. […]
The weekly mortgage application survey released by Mortgage Bankers Association today gave some bad news. The report (which you can read here) shows a decrease of 2.3 percent in mortgage applications seasonally and a 2.7 percent decrease from last week’s numbers. According to the Department of Labor, the Consumer Price […]