Califoreclosures: 1,000 Auctions Per Day
The AP reports today:More U.S. homeowners fell behind on mortgage payments last month, driving the…
Jesse FelderMay 14, 2008
Chart of the Day: Nasdaq 100 Index
The Nasdaq 100 Index is hitting resistance similar to that of the Russell 2000 which…
Jesse FelderMay 13, 2008
Biggs’ Balls
"The pain trade is for the market to go higher than people expect - back…
Jesse FelderMay 13, 2008
Home Price Landslide
Bloomberg:The median price for a single-family home in the U.S. dropped 7.7 percent in the…
Jesse FelderMay 13, 2008
Meredith Whitney: Fighting a Losing Trade
Bloomberg reports:Citigroup Inc. Chief Executive Officer Vikram Pandit faces an "impossible feat" in turning around…
Jesse FelderMay 12, 2008
Stupid Returns
The Wall Street Journal reports that the hedge fund industry, like politics, is "a mulligan…
Jesse FelderMay 12, 2008
“An outbreak of pessimism”
The Times Magazine:There is a way to, in effect, spend your dollars on other forms…
Jesse FelderMay 12, 2008